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22 votes
Which of the following statemeants is true about payday loans

User DenisGL
by
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1 Answer

11 votes

Answer:

B. They are harder to pay back because of low fees and high interest rates. high interest rates.

Step-by-step explanation:

Payday loans are B. harder to pay back because of low fees and high intesest rates. Payday laons are small amount loans that are given to a person with a high interest rate. These loans are deemed to be paid back to the lender when the borrow receives their next paycheck.

User Giltay
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