What Is True About Payday Loans Everfi?
Last updated on October 14th, 2023 at 12:23 am
Hi There!
My name is Randy and I work with Ready Payday Loans. I got a new question from a reader this week. I will be honest with you, I did not know the answer, so I had to Google it myself. What is true about payday loans Everfi, was the question that was being asked.
The first thing I thought to myself was, what the heck is Everfi?
Fortunately, I know a lot about payday loans. Working with the fine folks here at Ready Payday Loans, I have learned a lot over the years, and I answer most of our reader’s questions about not only payday loans, but also, no credit check loans, bad credit loans, personal loans, installment loans, short term loans, cash advance loans, emergency loans, and the list goes on and on…
However I had no clue what Everfi was. So I had to Google it, and this is what I found.
What Is Everfi?
EverFi is developing the next generation of financial literacy curricula, programs, and products. They provide free short-form modules on personal finance skills, such as how to create a budget or how to make good decisions with your money, and then partner with governments and educational institutions to provide full-length courses that incorporate interactive activities and personalized tools.
So this was pretty cool what I found out. Everfi has courses that teach students about financial literacy.
Having said that, it looked like one of their online quizzes had the question, what is true about payday loans.
To get the answer to this questions, students were doing a Google search of:
What is true about payday loans everfi.
They were also doing a Google search of the term:
Which of the following statements is true about payday loans
Based on these Google searches, it seemed that Everfi was using an online platform called QUIZIZZ in order to create multiple choice questions for their students. Quizizz looks like it is a great resource, used by many teachers and educators. Students from grade levels K to 12+ are able to engage with content on this site. Subjects that can be covered range from Algebra to Zoology! On the site an astounding 30M+ quizzes and lessons have been created!
The potential multiple choice answers to this payday loan question were:
What is true about payday loans everfi.
- They are harder to pay back because of low fees and higher interest rates
- They are harder to pay back because of high fees and high interest rates
- They are easier to pay back because of lower fees and higher interest rates
- They are easier to pay back because of lower fees and lower interest rates
Final Thoughts On: What Is True About Payday Loans Everfi
I like to be honest with our readers. I did not like how these questions are worded. I think it is because I was never really good at multiple choice tests. I can see how you can read all 4 of these potential answers, and still be confused about what the answer is.
There is truly so much to know about payday loans. When I first took out a payday loan, I did not have a good idea of what they were, and I did not know much about how repayment worked.
If you have any questions about payday loans, and if you are considering taking out a payday loan, feel free to get in touch with us. Either myself or one of my team members will respond back to you, usually within 24 to 48 hours.
Thanks for reading this article on: What is true about payday loans Everfi
Until next time!
-Randy
