Predatory Lending in Native American Communities
By First Nations Development Institute
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In This Report, You’ll Understand
- Which predatory lending techniques are increasingly being utilized to focus on Native Us americans.
- The effect of predatory lending on Native countries.
- Strategies for handling predatory financing in indigenous Nations.
Concerning This Report
Predatory financing methods, which increased utilizing the collapse for the subprime mortgage market, disproprortionately target indigenous American communities along with other populations that are vulnerable. This report provides a synopsis for the predatory financing practices which have had a harmful effect on indigenous people and features the efforts of five indigenous Nations to fight this growing issue.
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Native People in america have traditionally been a prime target of unscrupulous predatory lenders who vow fast, quick access to cash in change for interest and charges that continue borrowers in a spiral of financial obligation. As a result for this growing issue, five indigenous countries have actually developed revolutionary, replicable methods centered on monetary training, alternative financial loans and solutions, and asset-building programs and methods to assist their citizens get free from the dangerous period of financial obligation and gain stability that is financial. Continuar leyendo «What techniques five indigenous countries are employing to fight predatory lending.»