Examlex
According to Treisman's modified filter theory, ________.
Finance Charges
The total cost of borrowing, including interest and any other charges assessed by the creditor.
APR
The Annual Percentage Rate, a measure used to calculate the cost of borrowing, including interest and other fees, shown as a yearly rate.
Payday Loan
A type of short-term borrowing where a lender provides high-interest credit based on a borrower's income and credit profile, typically to be repaid by the next payday.
Average Daily Balance
The average amount owed per day during a billing cycle.
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