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Pam was a Pennsylvania resident who traveled to Delaware where she borrowed $800 from Mifflin Cash Advance Pros. The loan was secured by a lien
Pam was a Pennsylvania resident who traveled to Delaware where she borrowed $800 from Mifflin Cash Advance Pros. The loan was secured by a lien on her vehicle: a used Toyota Yaris. Under the terms of the loan, Pam was obligated to repay monthly at least the accrued interest on the loan, which interest rate was disclosed at 0.9863% daily and 360% annually. Interest accrued at the rate of $7.8904 per day. Monthly interest thus totaled $236.71. Group of answer choices A standard auto loan A payday loan A title loan All of the above
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