EthicsQuestion 351 of 400
Which practice would MOST clearly be considered predatory rather than merely aggressive?
a.Marketing loans widely to potential customers
b.Targeting elderly homeowners with high equity for unaffordable, fee-laden refinances
c.Offering a competitive fixed-rate product
d.Explaining loan risks clearly
Explanation
Deliberately targeting vulnerable elderly homeowners with unaffordable, fee-heavy loans to strip their equity is a classic predatory practice. Broad marketing, competitive products, and clear risk explanations are legitimate and consumer-friendly, not predatory.
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