Lending Designed Specifically for Borrowers with Low Credit Scores Is

question 45

Multiple Choice

Lending designed specifically for borrowers with low credit scores is called

• A)predatory lending.
• B)subprime lending.
• C)bail-out lending.
• D)credit rebuilding.

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Definitions:

Objective Norms

Standards of behavior that are based on observable actions in a society or group, rather than subjective opinions or beliefs.

Attitude Inoculation

A technique used to make people resistant to attempts to change their attitudes, analogous to how vaccination works to prevent illness.

Counterarguments

Arguments presented to oppose or refute another argument or perspective.

Generating Counterarguments

The process of creating arguments that oppose or refute a specific position or perspective.