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Topic: Predatory lending

Predatory lending refers to the practice of using unfair, deceptive, or fraudulent tactics to take advantage of vulnerable borrowers, often leading to high-cost loans and financial distress.

More on: Predatory lending

The podcast episodes highlight how predatory lending practices are driving up the costs of car ownership and credit card debt, especially for marginalized groups.

For example, the episode How car ownership got so expensive examines how auto dealers and lenders use predatory tactics like pushing unaffordable loans on consumers. Similarly, the episode 4 Hacks for Busting Credit Card Debt calls out debt settlement companies that make false promises to vulnerable borrowers.

These episodes expose the financial toll of predatory lending and the need for stronger consumer protections.

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