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FHCE 3200 Exam 2 2025 Questions and Answers mainstream lenders - --Answer --banks, credit unions, auto financing, credit cards. heavily rely on credit report and score alternative lenders - --Answer --check cashers, payday lenders, title loans, pawn shops, used car loans. don't rely on credit score when making a decision payday loans - --Answer --short term loan designed to be repaid within a few weeks when borrower receives paycheck. write check when take out loan and company will cash the check if not paid back in 2 weeks avoiding expensive loans - --Answer --have an emergency fund to withdraw $ from, borrow from family, get a loan from bank truth in lending act - --Answer --law that protects consumers who borrow money. includes disclosure of terms and costs, right of rescission, advertising rules, enforcement, billing statements, and high-cost mortgage protection ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1