Title: Lesson 5.7: Fast Cash and Payday Loans (Page One Economics®: Focus on Finance, Reading Q&A)
Course: Personal Finance Sample "STANDARD" Syllabus - for Canvas Upload > Section: Unit 5: Using Credit

Description: The article takes a look at payday loans—the structure, the high fees, the high rates of renewal and loan sequences, the cycle of debt—and reasons for concern for the cost of borrowing using payday loans. The Q&A includes 10 multiple-choice questions. Estimated completion time: 30 minutes.