Author Question: Payday loans carry an interest rate of a. less than 25 percent. c. about 75 percent. b. about 50 ... (Read 255 times)

CBme

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Payday loans carry an interest rate of
 a. less than 25 percent. c. about 75 percent.
  b. about 50 percent. d. more than 100 percent.

Question 2

Which ethical issue in lending is described in the chapter?
 a. encouraging people to borrow more money than they can afford to repay
  b. charging excessively high interest rates
  c. both a and b
  d. neither a nor b



tofugiraffe

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Answer to Question 1

D

Answer to Question 2

C



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