Jill has a mortgage loan from All Star Bank.Shortly after obtaining her mortgage,an agent from All Star convinces Jill to refinance,even though refinancing will not benefit Jill.This is

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This is a case of loan flipping, which is an unethical and illegal practice where a lender convinces a borrower to refinance their loan repeatedly, with little or no economic benefit to the borrower, in order to generate fees and commissions for the lender. This practice can trap borrowers in a cycle of debt, and is considered predatory lending.

Jill Has a Mortgage Loan from All Star Bank