Price gouging
Definition
Charging interest rates and/or fees that are excessive relative to what the same borrowers could have found had they shopped the market. Read What Is Predatory Lending? and Is This a Good Definition of Predatory Lending?
Related Terms Other terms related to 'Price gouging' starting with the letter 'P' Payment period, Primary residence, Per diem interest, Principal, Points Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 