which payment method typically charges the highest interest rates | Examsbook

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Q: Which payment method typically charges the highest interest rates?

1
Credit cards
2
Payday loans
3
Cashier's checks
4
Pre-paid cards

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चर्चा

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.

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