asked 107k views
4 votes
Agreement in which a lender loans the amount of a person's upcoming paycheck.

1) low-interest loan
2) rent to own agreement
3) payday loan
4) loan shark

asked
User Whoplisp
by
8.0k points

1 Answer

5 votes

9514 1404 393

Answer:

3) payday loan

Explanation:

An loan in the amount of an upcoming paycheck is a payday loan.

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Comment

It usually comes with an incredibly high interest rate.

answered
User Colin Superdog
by
8.4k points
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