It Is Against the Law to Charge a Higher Interest

question 61

True/False

It is against the law to charge a higher interest rate to individuals with poor credit.

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Definitions:

Wider Authority

An increase in the range or scope of control and decision-making power granted to an individual or organization.

Teamwork

The collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.

Assembly Lines

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product efficiently.

Quality

The degree of excellence of something, often measured against a standard.