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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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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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