A Family Fell for a Rent-A-Bank Scheme. Now They Are Facing Foreclosure.
Predatory lenders often take part in schemes that enable them to circumvent state lending laws and charge borrowers sky-high interest rates. [Source]
Publication Date:Origin: nytimes.com
Category: Personal Finances
Topics: rates, interest, sky-high, borrowers, charge, lending, state, circumvent, enable, schemes, often, lenders, Predatory, Foreclosure, Facing, Scheme, Rent-A-Bank, Family
Source: https://www.nytimes.com/2025/11/16/your-money/rent-a-bank-loan-scheme.html