Consumers have a number of options when obtaining a loan. Financial institutions range from banks to payday lenders, and loans range from long to short term. One type of short-term loan is called a title

Consumers have a number of options when obtaining a loan. Financial institutions range from banks to payday lenders, and

loans range from long to short term. One type of short-term loan is called a title pawn loan. Which statement BEST describes why
these types of loans should be avoided if possible?
led to open savings or

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Consumers have a number of options when obtaining a loan. Financial institutions range from banks to payday lenders, and loans range from long to short term. One type of short-t…

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