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4 April, 11:04

Which is an example of easy-access credit? $3000 monthly line of credit credit card with a $4,000 limit one-week payday loan for $350 $200,000 loan for a home

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  1. 4 April, 13:52
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    The one-week payday loan is an example of easy-access credit. Easy-access credit is typically very short-term and charges high interest rates compared to other types of credit. There are ethical concerns tied to easy-access credit, as it typically charges rates well above the market average and targets lower-income, often desperate consumers.
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