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How to Recognize—and Avoid—Predatory Lending

Whether you're a new manager or been at it for a while, these manager secrets can help you be a better boss.Predatory lending is when a lender uses unfair, deceptive, or abusive practices—such as extremely high interest rates, hidden fees, or pressure tactics—to take advantage of borrowers. You can avoid it by knowing the warning signs, comparing options, and choosing trusted lenders like your credit union.