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Author Question: All of the following are reasons to avoid payday loans except (Read 82 times)

krzymel

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All of the following are reasons to avoid payday loans 
except


◦ the cost of financing with a payday loan is exorbitant.
◦ you don't want to pay interest on your credit card that charges an annual rate of 18%.
◦ you may still not have sufficient cash after covering the loan.
◦ the use of payday loans can create a continual cycle of borrowing.


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Marked as best answer by krzymel on Apr 14, 2019

Jayson

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krzymel

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Jayson

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