The specifics of a loan, such as interest rate, payment structure, and duration, can differ significantly from one to another. Which of these loans is likely to have the highest interest rate? Choose 1 answer: Choose 1 answer: (Choice A) credit card A credit card (Choice B) payday loan B payday loan (Choice C) mortgage C mortgage

1 answer

Choice B) payday loan is likely to have the highest interest rate among the three options.