How should you respond to a telemarketer in Ontario who is trying to scam you by offering you a loan for which you must pay an advance fee?
A) "No thanks. It is illegal in Ontario to require an advance fee on a loan."
B) "That sounds good, but how much is the annual interest rate?"
C) "Loans under $5,000 don't require an advance fee."
D) "There is no such thing as a reputable loan company that contacts people by phone."
Correct Answer:
Verified
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