What is another word for PREDATORY LENDING?

Pronunciation: [pɹˈɛdətəɹˌi lˈɛndɪŋ] (IPA)

Predatory lending, also known as loan shark practices, can be defined as a set of unethical or illegal practices in which lenders take advantage of vulnerable borrowers. Some of the synonyms for predatory lending include usury, exploitation, preying, trickery, coercion, and fraud. Loan sharks often charge exorbitant interest rates, impose hidden fees or penalties, and resort to aggressive collection methods. These practices can lead borrowers into deeper debt and even bankruptcy. It is important for borrowers to be aware of the signs of predatory lending and to seek the advice of a financial expert before entering into any loan agreement. Public awareness campaigns and government regulations can also help prevent predatory lending.

Synonyms for Predatory lending:

What are the hypernyms for Predatory lending?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    loan sharking, exploitation of the economically disadvantaged, usurious lending.

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