A sub-prime loan is
A) at a very high interest rate,sometimes as high as 30%.
B) at a rate 1% above the prime rate of interest.
C) at an interest below the prime rate of interest.
D) the preferred loans of the very wealthy in the United States.
Correct Answer:
Verified
Q102: Which statement is the most accurate?
A)Usury laws
Q103: Payday lending stores near military bases in
Q104: Jay Sorensen,who invented the Java Jacket,earned profits
Q105: Since October 1,2007,payday loans to military and
Q106: The only means available to increase capital
Q108: The charging of interest is forbidden by
A)Mosaic
Q109: Total losses of the Fortune 500 companies
Q110: The reason that land is more valuable
Q111: The corporation with the largest dollar loss
Q112: Increases in capital stock are due to
A)increasing
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