Finance
Vermont's anti-predatory lending laws protect consumers from:
AObtaining mortgages through banks
BAbusive loan terms such as excessive fees, prepayment penalties, and loan flipping✓ Correct
CRefinancing their mortgages more than once
DObtaining multiple mortgages on different properties
Explanation
Vermont's anti-predatory lending laws protect consumers from abusive mortgage practices including excessive fees, balloon payments without ability to refinance, mandatory arbitration clauses, and loan flipping (unnecessary repeated refinancing).
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