What can I do if I'm the victim of predatory lending?

If you are the victim of predatory lending in the state of Washington, you have several options. First, you should contact the Washington Department of Financial Institutions (DFI) and report your lender. The DFI is responsible for investigating and responding to predatory lending complaints. Second, you should consider filing a complaint with the Consumer Financial Protection Bureau (CFPB). This federal organization can investigate your complaint and may be able to provide some form of financial relief. Third, you may want to talk to an experienced real estate lawyer in Washington. A lawyer can review your case and advise you on the best course of action. They may also be able to help you negotiate a settlement with your lender if necessary. Finally, you may be able to take legal action against your lender. Depending on the facts of your case, you may be entitled to damages or other remedies. If your situation warrants it, a court may be able to void the contract with the lender and hold them accountable for the harm they caused. In any case, it is important to document everything you can. Make sure to keep track of emails, text messages, and records of your interactions with the lender. This information may be helpful when filing a complaint or taking legal action.

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What can I do if I'm the victim of predatory lending?

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