Question

Which of the following financial institutions receives criticism for targeting people in poverty and other vulnerable populations through charging extremely high interest rates?(1 point)
Responses

Pawn shops
Pawn shops

Check cashing services
Check cashing services

Credit unions
Credit unions

Payday lenders

Answer 1

The financial institution that receives criticism for targeting people in poverty and other vulnerable populations through charging extremely high interest rates is **Payday lenders**.