A Whitby private lending investment has left a Durham Region woman fearing she may have lost $150,000 after monthly interest payments suddenly stopped. Deanna Johnson, a single mother from Whitby, says she invested through a private lending company after taking out a line of credit on her home. While the investment initially provided steady income, the payments became delayed and eventually ceased. Johnson says she has been trying for months to recover her funds, raising concerns about the risks associated with private lending. Financial experts warn that higher returns often come with increased risk, particularly when borrowers are unable to secure traditional bank financing.
