Common Practices Used by Dishonest Lenders Include All of the Following

question 43

Multiple Choice

Common practices used by dishonest lenders include all of the following except the lender

• A)prohibiting the borrower from purchasing insurance or other financial services as a condition of the loan.
• B)charging high loan fees which cause financing costs to be much higher than the quoted rates.
• C)requiring that the borrower purchase insurance or other financial services.
• D)having a large balloon payment that will require additional financing to pay it off.

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Definitions:

Secondary Research

The process of using existing research data or findings from previous studies for a new analysis or insight.

Case Study

An in-depth investigation or analysis of a particular instance, event, or individual, often used in research to illustrate broader principles or outcomes.

Dermatologists

Medical professionals who specialize in the treatment of skin, nails, and hair-related diseases and conditions.

Behavior Change

A process aimed at altering individuals' attitudes or actions in areas such as health, environment, or social practices for positive outcomes.