Talk with your parents or other close family relative(s) to determine if they have ever encountered an unethical lender. Use Checklist 8.8 as a guide when asking your family questions. If someone has come across an unethical lender, what did the relative do in response? Share your story with others in class.

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CHECKLIST 8.8 Lenders: Early Warning Signs Avoid Any Lender Who... Tells you to falsify information on the loan application. For example, the lender tells you to say your loan is primarily for business purposes when it's not. Pressures you into applying for a loan or applying for more money than you need. Pressures you into accepting monthly payments you can't make. Fails to provide required loan disclosures or tells you not to read them. Misrepresents the kind of credit you're getting. For example, calling a one-time loan a line of credit. Promises one set of terms when you apply, and gives you an- other set of terms to sign-with no legitimate explanation for the change. Tells you to sign blank forms-the lender says they'll fill them in later. Says you can't have copies of documents that you've signed. Source: "Don't Sign on the Bottom Line," Federal Re- serve Board, 2011, and "Early Warning Signs," Federal Trade Commission, January 2004.