EstatePass
Real Estate FinancingEASYFREE

What illegal practice involves lending money at unreasonably high rates?

2:27
0 views

Question & Answer

Review the question and all answer choices

A

Forgery

Forgery is the fraudulent making or altering of a written document, such as falsifying a signature on a deed or contract, and has nothing to do with interest rates charged on loans.

B

Usury

Correct Answer
C

Altercation

Altercation refers to a heated dispute or physical confrontation between individuals and is not a legal or financial term applicable to lending practices in any context.

D

Puffing

Puffing is the practice of making exaggerated, non-factual promotional statements about a property β€” such as calling it 'the most beautiful home in the city' β€” and is a marketing/agency concept entirely unrelated to interest rates or lending.

Ready to Ace Your Real Estate Exam?

Access 2,000+ free video lessons covering all 11 exam topics.