What type of predatory loan offer did Emery experience, indicated by extra fees not impacting her loan balance?

Emery experienced a predatory loan offer characterized by hidden fees, which are additional charges or costs that are not clearly disclosed upfront and do not directly affect the principal balance of the loan. These hidden fees can significantly inflate the overall cost of the loan and catch borrowers off guard, contributing to their financial distress. Unlike straightforward loan structures where all costs are transparent, hidden fees can make it difficult for borrowers to understand the total cost of borrowing or compare different loan offers effectively.

In this context, hidden fees are particularly insidious because they can lead to unexpected financial burdens that may not be apparent at the outset. Borrowers like Emery may believe they are taking on a manageable loan, only to find that additional costs have been tacked on, making repayment more difficult.

Other types of loans mentioned could involve different characteristics: payday loans are typically small, short-term loans with high interest; subprime loans target borrowers with lower credit scores and often come with higher interest rates; and peer-to-peer loans are facilitated through online platforms connecting borrowers directly with investors. None of these specifically focus on the issue of hidden fees in the same way as the predatory loan offer Emery experienced.