All of the Following Are True of Peer-To-Peer Lending,except

question 107

Multiple Choice

All of the following are true of peer-to-peer lending,except

• A) it involves online platforms.
• B) borrowers generally have high FICO scores.
• C) loans are available only for amounts less than $1,000.
• D) interest rates may be lower than at financial institution.

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Definitions:

Degree of Giftedness

A measure of an individual's exceptional ability or talent, often significantly above the norm in one or more areas.

Personal Adjustment

The process of adapting or becoming accustomed to new personal, social, or environmental conditions.

Organic Cause

Refers to physical or physiological reasons behind symptoms or diseases, originating from bodily organs or systems.

Intellectual Disability

A condition characterized by significant limitations both in intellectual functioning (reasoning, learning, problem-solving) and in adaptive behavior, which covers a range of everyday social and practical skills.