what you know\nquestion 4 of 4\na lender offers frank a high - interest loan based on the amount of his next…

what you know\nquestion 4 of 4\na lender offers frank a high - interest loan based on the amount of his next paycheck. hell have to pay it back quickly, within the next month. which type of predatory loan offer did frank experience?\nbait and switch\npayday loan\nhidden fees\nphishing scam

what you know\nquestion 4 of 4\na lender offers frank a high - interest loan based on the amount of his next paycheck. hell have to pay it back quickly, within the next month. which type of predatory loan offer did frank experience?\nbait and switch\npayday loan\nhidden fees\nphishing scam

Answer

Brief Explanations:

A payday loan is a high - interest loan based on a borrower's next paycheck with a short repayment period, usually within a month. Bait and switch is a different type of deceptive business practice, hidden fees are additional charges not clearly disclosed, and phishing scam is about tricking people for personal information, not related to this loan type.

Answer:

B. Payday loan