Join ExamsbookAnswer : 2. "Payday loans"
Which payment method typically charges the highest interest rates?5
Q: Which payment method typically charges the highest interest rates?
- 1Credit cardsfalse
- 2Payday loanstrue
- 3Cashier's checksfalse
- 4Pre-paid cardsfalse
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Answer : 2. "Payday loans"
Explanation :
Answer: B) Payday loans Explanation: Both Credit cards and Payday loans payment methods typically charges the highest interest rates. When compared Payday loans seems to charge a little bit higher interest rates than Credit Cards interest rates.