Predatory Lending Describes

question 203

Multiple Choice

Predatory lending describes:

• A)a staggering increase in monthly payments leading to default.
• B)monthly payments that are lower than monthly interest charges.
• C)commission-driven brokers selling loans to people they know can't afford them.
• D)loans extended to borrowers without proof of incomes.

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Definitions:

Outsourced Training

The practice of hiring external service providers to design and deliver training programs for employees.

Needs Analysis

A systematic process to determine and address gaps between current conditions and desired conditions or needs.

External Recruiting

Is the process of looking to sources outside the organization for prospective employees.

Job Posting

Is a mechanism for internal recruiting in which vacancies in the organization are publicized through various media such as company newsletters, bulletin boards, internal memos, and the firm’s intranet.