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The Ugly Truth: Inside the “We Buy Ugly Houses” Company (www.propublica.org)

submitted 1 year ago by nulluser@lemmy.world to c/usa@midwest.social

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HomeVestors of America claims to be the country’s largest cash homebuyer and says it helps homeowners out of jams. But a closer look reveals that the company trains its franchisees to cash in on homeowners’ desperation.

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[–] JakenVeina@vlemmy.net 2 points 1 year ago* (last edited 1 year ago)

When people say that financial literacy needs to be taught in schools, this is the kinda thing we mean. Payday Loans, Rent To Owns, Flipping, MLMs, stuff that happens in the REAL world that people should be able to recognize as too-good-to-be-true.