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Report: Subprime lending giant’s add-on “loan protections” put borrowers at an increased risk

Report: Subprime lending giant’s add-on “loan protections” put borrowers at an increased risk In this context, Webster points out, calling the add-ons “loan protection items” is misleading. They’ve been, alternatively, “a cash cow,” she says. Almost 50 % of the Denver standard instances the...