Agreement in which a lender loans the amount of a person’s upcoming paycheck. 1) low-interest loan 2) rent to own agreement

Question

Agreement in which a lender loans the amount of a person’s upcoming paycheck.
1) low-interest loan
2) rent to own agreement
3) payday loan
4) loan shark

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Nem 5 years 2021-08-22T23:31:19+00:00 1 Answers 8 views 0

Answers ( )

  1. mit
    0
    2021-08-22T23:33:16+00:00
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    9514 1404 393

    Answer:

      3) payday loan

    Step-by-step explanation:

    An loan in the amount of an upcoming paycheck is a payday loan.

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    Comment

    It usually comes with an incredibly high interest rate.

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