Louisville Joins Anti-Predatory Campaign

The Louisville, Ky., metropolitan area has launched a local version of Freddie Mac's "Don't Borrow Trouble" campaign to help families avoid falling prey to scams and other unscrupulous lending practices.The campaign, headed by the Don't Borrow Trouble Louisville Metro Coalition, uses advertising and consumer education to alert the public about predatory lending, Freddie Mac said. Local residents can now call a hotline, at 502-736-9999, that will refer them for appropriate counseling on legal or housing questions. The lead agencies coordinating the campaign with Freddie Mac are The Housing Partnership and the Louisville Urban League. Freddie Mac began launching local "Don't Borrow Trouble" efforts in 2000. Freddie Mac can be found online at http://www.freddiemac.com.