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Predatory Lenders Can Lead to Financial Disaster

For the past decade, San Diego's real estate market has been red-hot. And creative financing has helped many people get all kinds of home loans. But not all loans are created equal. Host Gloria Penner

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. Guest

  • Gary Symington , president, Debt-Free America