Which of the Following Is (Are) True About Subprime Lending

Multiple Choice

Which of the following is (are) true about subprime lending?

A) Subprime lending consists mainly of consumer and small business loans extended to those with poor credit risks at subsidized interest rates
B) Some authorities refer to the highest cost subprime loans as "predatory lending"
C) Many high-risk borrowers were unable to refinance their loans
D) B and C only
E) All of the above