Mathematics

Mathematics, 26.07.2019 01:30, saigeshort

In a payday loan, which of the following happens at the date of loan maturity? a) borrower must pay off the loan b) lender cashes the check c) lender gives the borrower the cash d) borrower receives a paycheck

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Mathematics, 10.07.2019 20:30, jenellalexis94p5jp7i

In a secured loan, collateral is a. valuable property that the borrower promises to give the lender in the event of default on the loan b. an agreement made in civil court agreeing that the borrower may be arrested in the event of default on the loan c. an agreement signed by a co-borrower promising to pay the loan in the event the primary borrower defaults on the loan d. and insurance policy taken out by the lender and paid for by the borrower to cover the lender from loss in the event of default

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Advanced Placement (AP), 17.07.2019 07:50, ashton3952525

In a payday loan, what is considered collateral? a. maturity date b. postdated check c. payday fee d. cash in the amount of the loan

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Business, 17.09.2019 02:30, queenskmk9330

Ava obtains a short-term loan from a payday loan lender. when the loan is due, ava does not have enough money to pay the loan. she uses her credit card to pay it off rather than extend the payday loan. will ava's actions increase the total cost of the loan more than just extending the loan? why or why not? no, because she will not have to pay any interest on her credit card. no, because the interest charged by her credit card will be less than the interest charged by the payday lender. yes, because payday loans do not charge extra fees or interest to extend a loan. yes, because the interest charged by the payday lender is less than the interest rate of her credit card.

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In a payday loan, which of the following happens at the date of loan maturity? a) borrower must pay...

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