Several companies,some of them operating through the Internet,offer "paycheck advances." Consumers are encouraged to take out a loan against a paycheck they expect to receive in the near future.These short-term loans with high-interest rates,and high penalties for late payments,are often marketed to consumers who do not have traditional bank accounts.These companies could most easily be criticized for which of the following?

Question

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These companies are targeting consumers who do not have traditional bank accounts, which suggests that they may be preying on vulnerable or disadvantaged consumers who may not fully understand the high-interest rates and penalties associated with these loans. This could be seen as poor service to these consumers.

Several Companies,some of Them Operating Through the Internet,offer "Paycheck Advances