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    Exam 1: Overview of the Financial System
  5. Question
    'Sub-Prime' Lending Refers to Loans Where the Borrower Does Not
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'Sub-Prime' Lending Refers to Loans Where the Borrower Does Not

Question 60

Question 60

True/False

'Sub-prime' lending refers to loans where the borrower does not meet the normal loan requirements, such as having the capacity to make repayments.

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