What is the best way to describe a payday loan?
A) It is an economical way to get a short term loan provided to you if you need funds in advance of your pay cheque.
B) It is an unregulated industry in Canada.
C) It is an important service for people who do not have a good credit history.
D) It is an expensive way to get a short term loan provided to you if you need funds in advance of your pay cheque.
Correct Answer:
Verified
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