Sentence examples for legitimate lender from inspiring English sources

A government Web site established to communicate information about the recent national mortgage settlement also warns borrowers about fraud and offers tips to help make sure you are dealing with a legitimate lender or mortgage help firm.

Loans were rolled over or refinanced – adding on extra interest and costs -without customers' explicit request or consent and the company failed to do the appropriate checks or assessments of customers' situations that you'd expect of a legitimate lender.

If you have selected a legitimate lender, you should not feel insecure about providing the sensitive information that will be required.

"Too many legitimate lenders are being tempted to get into this because of its profits," Mr. Raines said.

Then again, just like many legitimate lenders, they have no incentive to be open about how much money they really make.

That is, we must be careful not to impose restrictions on legitimate lenders that inadvertently deny access to those very consumers we are seeking to protect".

If state regulators crack down too hard they risk driving legitimate lenders out of the market, leaving needy borrowers in the lurch.

But they caution that overly stringent rules would hamper legitimate lenders and curtail access to loans for people who need them.

Some argue, convincingly, that a crackdown on multiple borrowing and a cut in the maximum interest rate could throw desperate borrowers into the jaws of loan sharks, often in the form of yakuza although the police and legitimate lenders are trying to stifle the unsavoury end of the trade.

Make sure the lender is legitimate.

The safety of small lenders is a legitimate concern.