Which Is Not Referred to as Predatory Lending

question 29

Multiple Choice

Which is not referred to as predatory lending?

• A)Payday loans
• B)Check advance loans
• C)Margin loans
• D)Deferred deposit loans

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Definitions:

Laws and Ethics

The principles and regulations governing conduct in both a legal and moral framework, often guiding professional practice and corporate behavior.

Moral Principles

Fundamental beliefs about what is right, wrong, good, or bad that guide an individual's actions and decisions.

Enforceable

Capable of being imposed or upheld by legal process or authority, ensuring compliance with laws, regulations, or agreements.

Laws

The system of rules that are created and enforced through social or governmental institutions to regulate behavior.