quiz\nquestion 1 of 3\nemery applies for a loan online to help cover living costs while in college.\nlater…

quiz\nquestion 1 of 3\nemery applies for a loan online to help cover living costs while in college.\nlater, she notices her payments arent impacting the balance much.\nlooking closer, she finds extra fees in the agreement. which type of\npredatory loan offer did emery experience?\nselect a response\nflat and unfair\npayday loan\nhidden fees\nphishing scam

quiz\nquestion 1 of 3\nemery applies for a loan online to help cover living costs while in college.\nlater, she notices her payments arent impacting the balance much.\nlooking closer, she finds extra fees in the agreement. which type of\npredatory loan offer did emery experience?\nselect a response\nflat and unfair\npayday loan\nhidden fees\nphishing scam

Answer

Brief Explanations:

Flat and upfront fees are typically clearly stated and not what is described here. Pay - as - you - go is a different payment model not related to the problem of extra fees not clearly shown. Phishing scam involves fraud to obtain personal information, not related to loan fee issues. Hidden fees are fees that are not clearly disclosed in the agreement and can cause payments to not impact the balance as expected due to these unaccounted - for charges.

Answer:

Hidden fees