Predatory lending refers to unfair, deceptive, or fraudulent practices by lenders during the loan origination process. These lenders often target vulnerable borrowers, such as those with poor credit or low income, offering loans with excessively high interest rates and hidden fees. This can lead to a cycle of debt that is difficult for borrowers to escape. Common characteristics of predatory lending include aggressive sales tactics, loan terms that are not clearly explained, and the inclusion of unnecessary add-ons. Borrowers may find themselves trapped in loans that they cannot afford, ultimately risking foreclosure or bankruptcy. Awareness and education about predatory lending practices are essential for consumers to protect themselves.