Finance
What is 'predatory lending' in the context of South Carolina mortgage law?
AOffering unusually low interest rates to attract borrowers
BUnfair, deceptive, or abusive loan terms that harm borrowers✓ Correct
CRefusing to lend in certain geographic areas
DRequiring a large down payment
Explanation
Predatory lending involves deceptive, unfair, or abusive practices that take advantage of borrowers, including excessive fees, hidden terms, loan flipping, and equity stripping.
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