Which payment method typically charges the highest interest rates brainly


Asked by admin @ in Business Studies viewed by 267 People


Which payment method typically charges the highest interest rates?

A) Credit cards
B) Payday loans
C) Cashier's checks
D) Pre-paid cards

Answered by admin @



The correct answer is option B) Payday loans.
Reasons : -

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 interestrates.





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