Which payment method typically charges the highest interest rates

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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.

Which payment method typically charges the highest interest rates

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