24-04-2019
Social Studies

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What is one way that lenders of payday loans make it difficult to compare the interest rates they charge to those charged by banks?

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06-05-2019

Answer:

The Commerce chambers of every country are not directly connected to the Federal Reserve.

Explanation:

° The payday lenders are governed and subjected by the Chamber of Commerce of their region.

° The Banks rate interest are directly controlled by the Federal Reserve.

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