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Predatory Lending
A house key on a fish hook

Predatory Lending

Learn what predatory lending is and how to avoid being a victim.

Predatory lending occurs when a mortgage broker or lender persuades a borrower to enter into a mortgage loan that has unreasonably high interest rates and fees and does not serve the borrower’s best interest. These loans often lock borrowers into unfair loan terms and cause severe financial hardship or default. Learn how to recognize and protect yourself and loved ones from predatory lending from the Ohio Department of Commerce.