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quester [9]
2 years ago
12

Which of the following statemeants is true about payday loans

Law
1 answer:
yan [13]2 years ago
4 0

Answer:

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

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.

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