PAYDAY LOANS is The payment method that typically charges the highest interest rate.
The couple credit cards and payday loans have a giant interest rate. However, payday loans look a little bit higher Credit Cards interest Rates in the US.
According to articles, while credit card APR may range from 12% to 30%, payday loans may range a maximum of the yearly percentage rate of 400% of the capital funds.
These items are paid in cash and not loaned such as cashier’s checks and pre-paid cards do not have interest rates.