Predatory Lenders Can Lead to Financial Disaster

Monday, November 20, 2006

KPBS Public Broadcasting

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People take out home loans for all kinds of reasons: to buy a home in the first place, or to get some needed cash for home improvements or college educations, or just for everyday living. Tapping into a home’s equity can be wise and safe. But too often these days, the borrower runs into predatory or abusive mortgage lending which can lead to financial disaster. Host Gloria Penner talks with Gary Symington, president of Debt-Free America, a local non-profit credit counseling agency.

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