Predatory Lending, defined
Predatory lending means imposing unfair and abusive loan terms on borrowers, often through aggressive sales tactics, taking advantage of borrowers’ lack of understanding of extremely complicated transactions, and outright deception. Predatory loans turn the dream of homeownership into a nightmare, in the worst instances ending in foreclosure. (courtesy)
Predators Indentified by Acorn and our web sites:
CitiFinancial, Household USA, Household Bank, Household Finance, Household Retail Services, Household Credit Services, CitiGroup, others
Proof Behind What We and Others Say:
We have over 1600 reports about Household Retail Services HRS) from people just like you. We experienced it ourselves. We have proof about Household Finance, written documentation about CitiFinancial, and proof of improper re-aging of HFC accounts. We have proof about Best Buy Stores, David’s Bridal, CompUSA, Rooms To Go, and reports about many others. All are listed in our free help book, Damage Controls, which is available from the downloads section.
Search Inner City Press:
Before making any decision to finance, search Inner City Press for information about any company you may consider. If shopping locally or on the Internet, know who finances the purchase. Research the company first. Best Buy Stores may look attractive, but Household Retail Services (HRS aka HCS) does their financing. Then the nightmare may begin.