Nonprofit Launches Free AI Tool to Combat Predatory Lending

March 12, 2026 at 03:00 AM EDT

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Free Tool Alerting People About Red Flags in Loan Agreements

CHARLOTTE, NC, March 12, 2026 /24-7PressRelease/ -- Family Agriculture Resource Management Services (F.A.R.M.S.) announces the launch of LoanGuard, a revolutionary free AI tool designed to protect property owners and non-farming individuals from predatory lending practices that continue to threaten communities nationwide.

"Many of my clients have lost generational wealth due to hidden predatory terms in loan agreements they didn't fully understand," explains Jillian Hishaw, Esq., Founder and Director of F.A.R.M.S., a licensed bankruptcy attorney with over two decades of expertise in protecting agricultural assets.

According to a recent U.S. Federal Trade Commission report "...indicated that borrowers are charged nearly $3 billion annually in fees for predatory loans such as payday, car-title, and high-cost installment loans."

LoanGuard addresses this growing threat by instantly analyzing loan documents for potentially harmful clauses, excessive interest rates, and unfair penalties that often remain buried in legal jargon.

Over its nearly 13-year history, F.A.R.M.S. has successfully saved $25 million in property assets by litigating against predatory lenders and utilizing estate planning methods. This new AI tool represents the organization's proactive approach to prevention rather than costly litigation.

LoanGuard operates through a simple process:

• Users upload their loan documents to the secure website (loan-scan.com)

• The AI system immediately scans for numerous known predatory terms and conditions

• Users receive a comprehensive report highlighting potential risks

• If concerning terms are detected, free access to educational resources is provided

"Recently, a bankruptcy client had a personal loan with a 249% interest rate, this tool is very useful for people seeking to secure personal loans without an high extremely high interest," Hishaw notes. "This tool empowers people with the knowledge needed to protect their livelihoods before signing potentially devastating agreements."

The completely free service reflects F.A.R.M.S.' ongoing dedication to equipping budget communities with the knowledge they need to combat unfair lending practices. The site includes current news feed regarding predatory lending topics and lending suggestions who offer better terms than the typical predatory lender.

To learn more about LoanGuard or to use this free service, visit https://loan-scan.com.

To learn more about F.A.R.M.S. visit https://30000acres.org

To take a free quiz to determine how you rank regarding your current personal debt and estate planning journey and get a 10% discount off drafting your will and power of attorney for less than $200 on click under the estate planning column on the homepage when you visit https://www.generationalfinancialwealth.com

Not just for Farmers but the general public, F.A.R.M.S., a national non-profit launches free AI tool "LoanGuard" to detect predatory lending terms in loan agreements. F.A.R.M.S., has been in operation for nearly 13 years saving $25 million in property assets from predatory lenders. Jillian Hishaw, Founder & Director has over ten years of bankruptcy and estate planning experience and saw a need in developing the tool.

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Nonprofit Launches Free AI Tool to Combat Predatory Lending

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