Business, 24.09.2019 21:10 amorenextdoor

James is applying online for a payday loan. what is the risk involved in applying for such a loan?
a. his personal information could be compromised while applying online.
b. online payday loans have an interest rate that is double of an offline rate.
c. the payday lender
always asks for collateral for online applications.
d. he runs the risk of default, because online loan applications have a shorter repayment time frame.

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