Predatory Lending in Native American Communities
By First Nations Development Institute
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In This Report, You’ll Understand
- Which predatory lending techniques are now being utilized to focus on Native Us citizens.
- The effect of predatory lending on Native countries.
- Tips for handling predatory financing in indigenous Nations.
Concerning This Report
Predatory financing methods, which increased because of the collapse regarding the subprime mortgage market, disproprortionately target indigenous American communities as well as other populations that are vulnerable. This report provides a synopsis of this predatory lending techniques which have had a harmful effect on indigenous people and features the efforts of five Native countries to fight this problem that is growing.
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Native Us citizens have traditionally been a prime target of unscrupulous predatory lenders who vow fast, comfortable access to money in trade for interest and charges that keep borrowers in a spiral of financial obligation. Read More