
Understanding Predatory Lending Practices

Interactive Video
•
Business, Life Skills, Social Studies
•
9th - 10th Grade
•
Hard

Patricia Brown
FREE Resource
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6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of predatory lenders?
To help borrowers improve their credit score
To provide financial education
To maximize profits by exploiting borrowers
To offer the lowest interest rates
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a tactic used by predatory lenders?
Charging high fees
Offering low-interest rates
Removing borrower's equity
Imposing abusive loan terms
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common analogy used for predatory lenders?
Loan Angels
Loan Sharks
Loan Helpers
Loan Guides
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a red flag indicating predatory lending?
Instant approval
Low fees
Flexible repayment terms
Long approval process
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the game 'Shady Sam' in the practice assignment?
To improve negotiation skills
To understand the mindset of loan sharks
To teach budgeting skills
To learn about investment strategies
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should students do if they have questions before the unit assessment?
Ask the teacher
Consult online resources
Ask their peers
Wait until the assessment
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