Finance (alternative)
Maryland's predatory lending laws are designed to protect borrowers from:
AMortgage lenders with AAA credit ratings
BAbusive loan terms, excessive fees, and deceptive practices that harm borrowers✓ Correct
CGovernment-backed lenders
DFixed-rate mortgage products
Explanation
Maryland has enacted laws to combat predatory lending practices — excessive points and fees, loan flipping, negative amortization without disclosure, and other harmful practices targeting vulnerable borrowers.
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