What Is Predatory Lending?

Many consumers are drawn into unfair or deceptive mortgage or payday loans by aggressive sales tactics. If you are having debt problems due to predatory lending practices, our lawyers can help you find a solution.

At Hamilton, Burgess, Young & Pollard, P.L.L.C., in Fayetteville, West Virginia, our highly skilled lawyers have a deep understanding of the protections that are available to consumers under the Truth in Lending Act, the Fair Debt Collection Practices Act and bankruptcy. With more than 100 years of combined experience, our attorneys have helped many people who were in difficult financial straits just like you.

You're David. They're Goliath. We're The Slingshot.

Examples of predatory lending practices may include:

  • Loan refinancing or "flipping" to generate additional fees for the lender
  • Hidden or excessive fees and closing costs
  • Failure to disclose the true costs and risks of the loan
  • Using balloon payments to force borrowers into defaulting or refinancing
  • Targeting the elderly and other vulnerable borrowers
  • Single premium credit life insurance
  • Payday and other short-term loans with high fees and interest

Our lawyers can put an immediate stop to actions such as foreclosure and creditor harassment. If your lender engaged in predatory lending practices, we will seek compensation for the damages you have suffered.

For Predatory Lending Help

If you can't pay your loan, turn to our West Virginia anti-predatory lending attorneys. To schedule a free initial consultation, call 304-574-2727 , toll free at 888-279-7919, or simply contact us online.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

This website contains legal information and is not intended to give legal advice or form an attorney-client relationship. Viewing this website does not create an attorney-client relationship with Hamilton, Burgess, Young & Pollard, P.L.L.C.