Which of the following will likely provide the most expensive access to funds?

Question

Quizplus · Accepted Answer

Payday loan companies typically charge exorbitant interest rates and fees, making them the most expensive option for accessing funds. Credit card companies and finance companies may also charge high interest rates, but they often have lower fees than payday loan companies. Investment companies and life insurance companies are not typically used for short-term access to funds and may have their own fees or restrictions, but they are not generally considered expensive sources of funding.

Which of the Following Will Likely Provide the Most Expensive