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Which payment method typically charges the highest interest rates?
ACredit cards BCashier's checks CPre-paid cards DPayday loans
Answer
The answer is D. Payday Loans Both credit cards and payday loans have a high interest rates, but payday loans seems a little bit higher Credit Cards interest Rates in U.S : 7 - 36 % Payday Loans : 12 - 30 %
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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017
This 17 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 291 views.