Question

Which of the following statemeants is true about payday loans

Answer 1

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.