Banking Services in Low And Moderate Income Communities a Two Tiered Financia
Banking Services in Low And Moderate Income Communities a Two Tiered Financia
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In our eReader you can find the full English version of the book. Read Banking Services in Low And Moderate Income Communities a Two Tiered Financia Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Banking Services in Low And Moderate Income Communities a Two Tiered Financia
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Late last year, the company sold off its inventory, changed its name to Ameri- Credit, and shifted to the consumer-loan business.
Michael O'Connor, a Houston con- sumer attorney who won the settlement from Urcarco. Says he's seen lenders all over Texas tacking on extra charges — especially for customers who have been denied bank credit and have to rely on "second-chance" financing. "That's when they turn the screws up, " says O'Connor.
In Tampa, Florida, one of the nation's largest car dealers ...ran newspaper ads urging people with bad credit to call and ask for "Betty Moses, " a made-up name. Royal Buick and a loan officer at Florida National Bank then falsified paperwork to secure loans from the bank. Many buyers defaulted within weeks, losing their cars and their down payments. The banker and more than 20 Royal Buick employees were convicted of fraud.
INSURANCE RIP-OFFS Perhaps the most lucrative way that car dealers and lenders cheat customers is by selling credit insurance. Studies by the Consumer Federation of America and the National Insurance Consumers Organization show that borrowers are overcharged between $500 million and SI billion a year on credit insurance.
What to read after Banking Services in Low And Moderate Income Communities a Two Tiered Financia?
You can find similar books in the "Read Also" column, or choose other free books by Finance United States Congress House Committee On Banki to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Late last year, the company sold off its inventory, changed its name to Ameri- Credit, and shifted to the consumer-loan business.
Michael O'Connor, a Houston con- sumer attorney who won the settlement from Urcarco. Says he's seen lenders all over Texas tacking on extra charges — especially for customers who have been denied bank credit and have to rely on "second-chance" financing. "That's when they turn the screws up, " says O'Connor.
In Tampa, Florida, one of the nation's largest car dealers ...ran newspaper ads urging people with bad credit to call and ask for "Betty Moses, " a made-up name. Royal Buick and a loan officer at Florida National Bank then falsified paperwork to secure loans from the bank. Many buyers defaulted within weeks, losing their cars and their down payments. The banker and more than 20 Royal Buick employees were convicted of fraud.
INSURANCE RIP-OFFS Perhaps the most lucrative way that car dealers and lenders cheat customers is by selling credit insurance. Studies by the Consumer Federation of America and the National Insurance Consumers Organization show that borrowers are overcharged between $500 million and SI billion a year on credit insurance.
What to read after Banking Services in Low And Moderate Income Communities a Two Tiered Financia?
You can find similar books in the "Read Also" column, or choose other free books by Finance United States Congress House Committee On Banki to read onlineMoreLess
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