Explain why people fall prey to payday lenders, title pawn lenders, and “credit-approved” used car dealers.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter4: Going Into Debt
Section: Chapter Questions
Problem 22AA
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Explain why people fall prey to payday lenders, title pawn lenders, and “credit-approved” used car dealers.

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