New Jersey's Anti-Predatory Lending Act protects borrowers by:
Audio Lesson
Duration: 2:31
Question & Answer
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Eliminating all closing costs
Limiting fees, prepayment penalties, and requiring disclosures
Guaranteeing low interest rates
Providing free legal services
Why is this correct?
The Anti-Predatory Lending Act limits fees, restricts prepayment penalties, and requires specific disclosures to protect borrowers.
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