a person has a loan from a finance company that purposely charged her a very high interest rate with high…

a person has a loan from a finance company that purposely charged her a very high interest rate with high fees and does not care about her ability to repay the loan. this practice is called\n○ refinancing a loan.\n○ predatory lending.\n○ phishing.\n○ loan consolidation.

a person has a loan from a finance company that purposely charged her a very high interest rate with high fees and does not care about her ability to repay the loan. this practice is called\n○ refinancing a loan.\n○ predatory lending.\n○ phishing.\n○ loan consolidation.

Answer

Brief Explanations:

Predatory lending involves unfair, deceptive, or fraudulent practices by lenders, such as high - interest rates and fees without considering the borrower's ability to repay. Refinancing is about replacing an existing loan, phishing is related to online fraud for personal information, and loan consolidation combines multiple loans.

Answer:

B. predatory lending