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Below mentioned list shows the significant risks of _______________.
Borrowers with cash-flow difficulties
Borrowers with no lower-cost credit alternatives
Minimal analysis of borrower's ability to repay the loan
Minimal review of borrower's credit history
Credit is usually unsecured
Suggested Answer: B
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45 comments · newest first
LY
Lynda
11 months ago
Not sure, could also apply to other types of loans.
AS
Asha
11 months ago
Definitely fits the payday lending profile.
VI
Vivienne
12 months ago
Wait, unsecured credit? That’s a bit risky, right?
FI
Filiberto
12 months ago
Totally agree, these are major red flags!
JO
Jordan
12 months ago
Sounds like classic payday lending risks.
LA
Laurel
1 year ago
None of these options seem to match perfectly, but I feel like payday lending is the closest based on the borrower risks mentioned.
FA
Farrah
1 year ago
I'm leaning towards equity stripping because of the unsecured credit part, but I can't recall all the details.
JA
Jaime
1 year ago
I remember practicing a question about loan flipping, but it didn't mention cash-flow difficulties like this one does.
ER
Eric
1 year ago
I think this might be about payday lending, but I'm not entirely sure. The risks listed seem to fit that type of loan.
JO
Josephine
1 year ago
VMware Cloud on AWS Outpost and VMware Cloud on Dell EMC both seem like they could meet the needs here. I'll need to research the differences between them.
VA
Vanda
1 year ago
I'm pretty sure administrators use a look-up field when creating a junction object, but I'll double-check the details in my notes just to be sure.
LE
Leonie
1 year ago
Hmm, I'm a bit unsure about this one. I know HTTP is used on the web, but I'm not sure if it's specifically for displaying HTML pages or something else. I'll have to think this through carefully.
TI
Timothy
1 year ago
I'm going with A) Payday lending. The risk factors are a dead giveaway. It's like taking financial advice from a Magic 8 Ball.
CA
Carrol
1 year ago
User 4: Yeah, it's better to explore other lower-cost credit alternatives.
DE
Desiree
1 year ago
User 3: I think it's important to be cautious with these types of loans.
RO
Rolland
1 year ago
User 2: Definitely, the risks listed match up with payday lending.
CE
Ceola
1 year ago
User 1: I agree, A) Payday lending seems like a risky option.
LA
Lashunda
1 year ago
A) Payday lending, no doubt. Those loans are a recipe for financial disaster. You might as well light your money on fire.
SE
Serina
1 year ago
C) Equity stripping is another risky practice. It can leave borrowers with nothing.
LE
Leoma
1 year ago
B) Loan flipping can also be dangerous. It's like digging a deeper hole.
JO
Jody
1 year ago
A) Payday lending is definitely risky. It can trap people in a cycle of debt.
LO
Loreen
1 year ago
Definitely A) Payday lending. The risks described are spot-on for that type of predatory lending. It's like a car crash waiting to happen!
ZA
Zachary
1 year ago
C) Equity stripping is no walk in the park either.
TI
Tiara
1 year ago
B) Loan flipping can also be pretty dangerous.
BR
Bronwyn
1 year ago
A) Payday lending is a risky business for sure.
DO
Domitila
1 year ago
Hmm, I'm not sure. The options seem a bit tricky. I might have to go with D) None of these just to be safe.
SH
Shawn
1 year ago
I think the answer is A) Payday lending. All the risks mentioned are classic characteristics of payday loans.
TA
Tamra
1 year ago
It's true that minimal analysis of borrower's ability to repay the loan is a common issue with payday lending.
ZA
Zack
1 year ago
Borrowers with no lower-cost credit alternatives are often the ones who turn to payday loans.
JE
Jesus
1 year ago
Yes, you're right. Payday lending is known for targeting borrowers with cash-flow difficulties.
JO
Josefa
1 year ago
A) Payday lending
IV
Ivette
1 year ago
The risks align more with payday lending, so it's not none of these.
MA
Marguerita
1 year ago
D) None of these
MI
Mila
1 year ago
Definitely not, the risks listed are more related to payday lending.
CH
Chaya
1 year ago
C) Equity stripping
LA
Lawana
1 year ago
B) Loan flipping
XU
Xuan
1 year ago
No, that doesn't match the risks mentioned.
TA
Talia
1 year ago
B) Loan flipping
HO
Hobert
1 year ago
Yes, you're right. Payday lending is known for these risks.
TR
Trinidad
1 year ago
Yes, you're right. Payday lending is known for these risks.
MA
Maile
1 year ago
A) Payday lending
DY
Dylan
1 year ago
A) Payday lending
CE
Celeste
1 year ago
I believe the risks also include minimal analysis of borrower's ability to repay the loan.
RA
Rana
2 years ago
I agree, borrowers with cash-flow difficulties are at risk with payday lending.
JO
Jolene
2 years ago
I think the significant risks are related to payday lending.