Ava borrows $300 for two weeks with no collateral. She lets the lender withdraw $345 from her checking account on the due date. What product is this?

Marco gets cash by handing the lender the ownership papers for his car, but he keeps driving the car while he makes payments. What product is this?

Tasha takes home a television and makes weekly payments to the store. The TV becomes hers only after she makes every payment. What arrangement is this?

Dev leaves his game console with a shop and receives a short-term cash loan. He can get the console back by repaying the loan and fees. What product is this?

Riley cannot repay a two-week payday loan when it is due. She pays only the fee and extends the loan for two more weeks. What is this called?

Use the loan table. If this fee were charged every two weeks for a year, about what annual rate would it represent?

Use the loan table. If this fee were charged every two weeks for a year, about what annual rate would it represent?

Use the loan table. If this fee were charged every two weeks for a year, about what annual rate would it represent?

Use the loan table. If this fee were charged every two weeks for a year, about what annual rate would it represent?

Use the loan table. If this fee were charged every two weeks for a year, about what annual rate would it represent?

Use the cost table. How much more would the rent-to-own plan cost than paying the cash price?

Use the cost table. How much more would the rent-to-own plan cost than paying the cash price?

Use the cost table. How much more would the rent-to-own plan cost than paying the cash price?

Use the cost table. How much more would the rent-to-own plan cost than paying the cash price?

Use the cost table. How much more would the rent-to-own plan cost than paying the cash price?

Use the loan table. Maya pays the fee when she takes the loan and rolls it over three more times. How much has she paid in fees while still owing the principal?

Use the loan table. Owen pays the fee when he takes the loan and rolls it over five more times. How much has he paid in fees while still owing the principal?

A $500 payday loan has a $75 fee. Priya pays the fee at first and rolls the loan over two more times. How much has she paid in fees while still owing $500?

Kai takes a $400 payday loan with a $60 fee and rolls it over four more times, paying the fee each time. How much has Kai paid in fees while still owing $400?

A $250 payday loan charges a $35 fee. Elena pays the fee at first and rolls the loan over three more times. What total has she paid in fees while the $250 principal remains due?

Nia takes out a title loan and later defaults. What collateral can the lender repossess under the contract?

Jerome pawns his guitar for a $150 loan and does not repay it by the deadline. What usually happens?

Ana is making weekly rent-to-own payments on a sofa. She stops paying halfway through the schedule. What usually happens?

Courtney wants a title loan. What must she usually have to get one?

Miles wants a payday loan. What does a payday lender usually require him to have?