Borrowing money used to be simple—walk into a bank, sign a stack of papers, and walk out with cash. But today, borrowing practices have grown slicker, faster, and a whole lot murkier. Regulators are watching like hawks, and borrowers everywhere are caught in the middle of rules, loopholes, and shady tricks. Behind the glossy marketing campaigns and friendly fintech apps, questionable tactics are shaking up the lending world. Here are the eight hot-button borrowing practices that have landed on the regulators’ radar.
