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Business, 04.08.2021 01:00 tayler6289

Jeremy has low credit and cannot qualify for a prime loan. Instead, he takes out a subprime loan with a higher rate, higher fees, and less favorable credit terms than the prime loan he wanted. He doesn't love that the loan costs more, but he understands the terms when he closes the loan. Is Jeremy a victim of predatory lending

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Jeremy has low credit and cannot qualify for a prime loan. Instead, he takes out a subprime loan wit...

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