Which of the following describes unfair and abusive loan terms imposed on borrowers?

Predatory loans accurately describe unfair and abusive loan terms imposed on borrowers. These loans often come with excessively high interest rates, hidden fees, and deceptive practices that take advantage of vulnerable individuals. Predatory lending practices can lead to a cycle of debt, making it difficult for borrowers to pay off the loan and trapping them in financial hardship.

While subprime loans are often associated with high-risk borrowers typically facing higher rates than prime borrowers, they don't inherently mean abusive terms as they may still be legal and transparent. Secured loans are those backed by collateral, and installment loans refer to loans repaid in fixed payments. Neither of these terms captures the exploitation and unethical practices that characterize predatory lending. Thus, the focus on predatory loans highlights the serious risks to borrowers when lenders engage in unfair and abusive practices.