Richard Glasgow & Associates in Oklahoma City, Oklahoma, effectively and efficiently handles claims involving consumer protection law, foreclosure, insurance coverage disputes, bad faith insurance claims, auto sales fraud and lemon law. Richard Glasgow is an Oklahoma City predatory lending attorney who settles, negotiates and litigates claims of creditor harassment and abuses.
Attorney Glasgow is an Oklahoma City insurance law attorney who aggressively protects his clients' best interests. Richard Glasgow will explain the laws and regulations that protect consumers from predatory lending practices. He will advise you on your options and what steps can be taken against the predatory lender.
Oklahoma Loan Fraud Attorney
Predatory lending means unfair lending practices including:
- Using loan terms or structures such as negative amortization to make it more difficult or impossible for borrowers to reduce or repay their indebtedness;
- Using balloon payments to conceal the true burden of the financing and to force borrowers into costly refinancing transactions or foreclosures;
- Inadequate disclosure of the true costs, risks, and where necessary, appropriateness to the borrower of loan transactions;
- Targeting inappropriate or excessively expensive credit products to older borrowers or those who are not financially sophisticated or who may otherwise be vulnerable to abusive practices;
- The offering of single premium credit life ins;
- The use of mandatory arbitration clauses; and
- "Packing" of excessive and sometimes "hidden" fees in the amount financed.
Any of these predatory practices may negatively affect your loan. Predatory lending practices could substantially increase the amount that you owe and/or result in a repossession or foreclosure of the secured property. Richard Glasgow will advise consumer clients, who are victims of predatory lending practices, on their rights and the options available to them.
Contact Our Firm
If you have questions regarding consumer protection, insurance bad faith and coverage disputes, auto sales fraud and lemon law claims, foreclosure, predatory lending, the Fair Debt Collection Practices Act or creditor harassment, please call lawyer Richard Glasgow at 405-708-5429 or toll free 866-675-4070, or fill out the online form on this website for a free, no pressure, initial case consultation. We will thoroughly review your case and all of your options to ensure you understand the legal process and the options available.
