why might a person be tempted to borrow from a payday loan store?\nthe borrower has few other options due to…

why might a person be tempted to borrow from a payday loan store?\nthe borrower has few other options due to income.\nthe borrower is drawn to the possibility of low rates.\nthe borrower could receive an increase in their pay.\nthe borrower likes the inexpensive fees of these loans.

why might a person be tempted to borrow from a payday loan store?\nthe borrower has few other options due to income.\nthe borrower is drawn to the possibility of low rates.\nthe borrower could receive an increase in their pay.\nthe borrower likes the inexpensive fees of these loans.

Answer

Brief Explanations:

Payday loans are often targeted at individuals with limited income and few other borrowing options. They typically have high - interest rates and fees, so the possibility of low rates and inexpensive fees is not a valid reason. Also, borrowing from a payday loan store does not lead to an increase in pay.

Answer:

The borrower has few other options due to income.