Which is the most accurate statement about payday lenders? a) Virtually all of them operate illegally. b)

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Which is the most accurate statement about payday lenders?

a) Virtually all of them operate illegally.

b) Payday lending operations prey primarily on military service members and their families.

c) They charge extremely high interest rates.

d) They are very useful to low-income families, because they force the families to save.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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Question Posted: Mar 01, 2024 11:00 PM

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Which is the most accurate statement about payday lenders? a) Virtually all of them operate illegally. b)

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Microeconomics

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