ANTIPREDATORY LENDING CAMPAIGN BROUGHT TO OAKLAND.

U.S. REPRESENTATIVE BARBARA LEE (D-California); Oakland, California, Mayor Jerry Brown; Freddie Mac and several local organizations announced the "Don't Borrow Trouble" antipredatory lending campaign has been brought to Oakland to help more families learn about and protect themselves from predatory lending practices. "Don't Borrow Trouble" combines advertising, consumer education and an area-wide referral network to help families avoid unscrupulous lenders who charge exorbitant loan rates, hidden fees, onerous prepayment penalties and unnecessarily complicated contracts.