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Is predatory lending, fraud, extortion & impersonating a bank institution & loan comp. felony crimes w/prison?

April 26, 2017Ethics extortion fraud government impersonating Law lending politics Predatory

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Is predatory lending, fraud, extortion & impersonating a bank institution & loan comp. felony crimes w/prison?

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Predatory lending is loaning money to people who you know cannot ever pay the loan back. It is not illegal under law,improper or immoral,but not illegal. The borrower does not have to borrow the money.