- 5. Who are the typical targets of predatory lenders? 1. Predatory lenders target Individuals with high credit scores. 2. Prodatory lenders target individuals who are in financial distress 3 . Predatory lenders target wealthy individuals looking for investment opportu 4. Predatory lenders target individuals with stable financial backgrounds.
- What is a potential consequence of taking a predatory loan? 1. Borrowers can easily repay the loans without any financial strain. 2. Borrowers may get trapped in a cycle of debt by rolling over toans. 3. Borrowers receive financial counseling to improve their credil score. 4. Borrowers are given grants to pay off the loans.
- 2. What are common features of predatory loans? 1. Low interest rates and no fees. 2. Flexible regayment terms and low interest rates. 3. Government backed guarantees and I kw interest r 4. High interest rates and hidden fees
- 1. What is the primary characteristic of predatory lending? 1. Predatory lending involves taking advantage of someone's 2. Predatory lending involves offering loans with no interest. 3. Predatory lending is a form of government financial aid. 4. Predatory lending is a type of charitable donation.
- Question 4 You can serve a drink at 2:05 a.m.as long as the order was placed before 2:00 a.m. True False Submit Show feedback