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What separates predatory lending from being a form of financial engineering?
by direwolf20 10mo ago
What separates predatory lending from being a form of financial engineering?
- seanhunter 10mo agoThey simply are completely different things. Financial engineering refers to the creation of complex financial products (usually derivatives) using techniques from financial mathematics[1]. Predatory lending is just lending to people who can’t afford to borrow. No engineering of any kind involved. [1] https://corporatefinanceinstitute.com/resources/financial-modeling/financial-engineering/ https://corporatefinanceinstitute.com/resources/financial-mo...