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    Exam 7: Choosing a Source of Credit: The Costs of Credit Alternatives
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    Which Lender Is Likely to Ask You to Write a Check
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Which Lender Is Likely to Ask You to Write a Check

Question 17

Question 17

Multiple Choice

Which lender is likely to ask you to write a check for $115 before granting you a $100 loan?


A) Credit union
B) Payday advance company
C) Finance company
D) Department store
E) Commercial bank

Correct Answer:

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