It wasn’t until the work was done that Marcelino and Josefina Rodriguez said they learned the truth. They had been signed up for a roughly $45,000 PACE home improvement loan at nearly 10% interest — even though they said a woman working with the contractor told them their new roof […]
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L.A. County ends controversial PACE home improvement loan program
Los Angeles County has ended its controversial PACE home improvement loan program, a decision that follows years of criticism that the county enabled predatory lending and put people at risk of losing their homes. County officials — who launched the PACE program in 2015 to fund energy- and water-efficient home […]