Question

Agreement in which a lender loans the amount of a person's upcoming paycheck.

1) low-interest loan
2) rent to own agreement
3) payday loan
4) loan shark

Answer 1

9514 1404 393

Answer:

3) payday loan

Explanation:

An loan in the amount of an upcoming paycheck is a payday loan.

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Comment

It usually comes with an incredibly high interest rate.