Predatory Lending Issues in Canada
Predatory lending is the practice whereby a lender deceptively persuades a borrower to agree to abusive loan terms. It is closely tied to subprime mortgage lending, a practice that encouraged a rise in predatory lending in the United States. This project examines whether Canada similarly is at risk.
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- produced by
- British Columbia Law Institute (BCLI)
- produced in
- 2008
- last reviewed
- February 2008 i Last date reviewed by a qualified expert to ensure content up-to-date. See "Tips" in Clicklaw content criteria (bottom of pageside menu) for details.
- resource type
- reports & documents
- tags
- debt, consumer, consumer protection, seniors, older adults, financial institutions, banks, credit unions, loans and lending, predatory lending, mortgages, interest, unconscionable transactions, cost of credit disclosure, buying a home
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