Answer 1.
Payday loans are cash loans that are often used when someone needs the money immediately. The borrower leaves a check with the amount of the loan plus an <u>extremely high fee</u><u>,</u> when the borrower is ready to pay, the lender uses the check.
<em>Some states have banned payday loans as a measure to stop the abuse of high fees to borrowers, and to stop the cycle of borrowing. </em>
Answer 2.
The average interest rate on a payday loan is 391% when you can repay the loan in two weeks, after that the rate grows to an average of 521%. From every $100 borrowed there is an interest fee of $15 or $20.
Answer 3.
A loan shark is a lender that charges interests above the established legal rates, they often act in an illegal way and take advantage of the people's desperate need to get money. A loan shark has cruel ways of getting their money back they often use violence and harassment to get paid.
Famous Shark Loans:
Some examples of famous loan sharks are Sam Battaglia, Jimmy Caci, Fiore Buccieri and Anthony Salerno.
Answer: Indictment
Explanation:
An Indictment is a formal and legal document issued to confirm that someone has committed a crime, and such crime(s) is considered a serious one. An Indictment can only be issued after the jury has completed their investigation.
There are 3 types of Indictment.
1.Sealed Indictment.
2.Superseding Indictment.
3.Speaking Indictment.
Elections are regulated and controlled by the national electoral council. columbia elects on national level a head of state, president and a legislature. the president is elected by the people.
Answer:
It will decrease.
Explanation:
Due to the innovation that helps job seekers find jobs easily, the natural rate of unemployment which is the summation of frictional unemployment and structural unemployment will reduce as more unemployed can easily connect with employers of labour and employers can also easily get in contact with recruits.
