Dilatory lending is a practice on the part of the subprime lending market whereby lenders take advantage of less sophisticated consumers or those who are desperate for funds by using the lenders' superior bargaining positions to obtain credit terms that go well beyond compensating them for their risk.

Question

Quizplus · Accepted Answer

The term "dilatory lending" is not commonly used to describe the practice mentioned. The correct term for such practices is "predatory lending."

Dilatory Lending Is a Practice on the Part of the Subprime