Predátorhitelezés

Predátorhitelezés, also known as predatory lending, refers to unfair or deceptive lending practices that impose unduly harsh terms on borrowers. These practices often target vulnerable individuals who may have limited financial literacy or are in desperate need of funds, making them less likely to scrutinize loan agreements thoroughly.

Common characteristics of predatory lending include excessively high interest rates, exorbitant fees, and loan terms designed to be difficult to repay. This can trap borrowers in a cycle of debt, as the initial loan amount grows significantly due to accumulating interest and charges. Sometimes, these loans may also involve deceptive marketing or misleading information about the loan's true cost and repayment obligations.

Examples of predatory lending can include payday loans with extremely high annual percentage rates (APRs), certain types of subprime mortgages with hidden fees or balloon payments, and loan modifications that don't actually help the borrower in the long run but add more charges. The intent behind predatory lending is to profit from the borrower's distress rather than engage in a mutually beneficial financial transaction.

Regulatory bodies and consumer protection agencies work to combat predatory lending through legislation and enforcement. Laws often aim to cap interest rates, require clear disclosure of loan terms, and provide recourse for borrowers who have been subjected to unfair practices. Awareness and financial education are also crucial in helping individuals avoid falling victim to predatory loan schemes.