Predatory Lending in Native American Communities
By First Nations Development Institute
Study or Install the Report
In This Report, You’ll Learn
- Which predatory lending techniques are increasingly being utilized to a target Native Us citizens.
- The effect of predatory lending on Native countries.
- Strategies for handling lending that is predatory indigenous Nations.
Relating To This Report
Predatory financing methods, which increased with all the collapse associated with the subprime mortgage market, disproprortionately target indigenous American communities as well as other susceptible populations. This report provides a synopsis associated with predatory financing methods which have possessed a harmful effect on indigenous people and shows the efforts of five indigenous countries to fight this growing issue.
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Native Us americans have traditionally been a prime target of unscrupulous predatory lenders who vow quick, comfortable access to money in change for interest and costs that keep borrowers in a spiral of financial obligation. In reaction for this growing issue, five indigenous countries have actually developed revolutionary, replicable methods predicated on monetary training, alternate financial loans and solutions, and asset-building programs and methods to assist their citizens get free from the dangerous cycle of financial obligation and gain monetary stability. Continue reading “What techniques five indigenous countries are employing to combat lending that is predatory.”