Answer:
A. Payday Lending
Step-by-step explanation:
Payday Lending is common for small lending companies and not banks. They assist clients who have a minimal amount of salary to borrow a small amount of money with a high interest. The amount of money he can borrow will depend on the amount of salary he receives per month. The client will not be required to give any form of collateral for the borrowed money, thus, the client is said to be high-risk. However, he will have to return the money over a short period of time with an interest rate that is high. Though it is easy to get a loan with this kind of service, you have to make sure that you are employed.
Banks prefer to offer loans to people who have a steady income and a certain amount of salary.