Question

A _____ is targeted to borrowers with low credit scores, high debt-to-income ratios or signs of a reduced ability to repay the money they borrow. Answer home equity line of credit revolving line of credit fixed rate mortgage loan subprime mortgage loan

Answer 1

A subprime mortgage loan is targeted to borrowers with low credit scores, high debt-to-income ratios or signs of a reduced ability to repay the money they borrow.

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