Compare interest rates. Predatory lenders rely on the fact that you won't do your research before signing a contract.
Contact the Better Business Bureau before loaning money, to make sure the company you're doing business with is reputable. Click
here to visit the Midsouth Better Business Bureau website.
Be wary of making quick decisions. Repairs to a car or a home can cause such anxiety that consumers often go with the first offer without considering the financial effects.
Predatory Lending in the News:
Memphis Needs Relief From Epidemic of Predatory Lending from
The Commercial Appeal