Which is an example of easy-access credit? $3000 monthly line of credit credit card with a $4,000 limit one-week payday loan for $350 $200,000 loan for a home

The one-week payday loan is an example of easy-access credit. Easy-access credit is typically very short-term and charges high interest rates compared to other types of credit. There are ethical concerns tied to easy-access credit, as it typically charges rates well above the market average and targets lower-income, often desperate consumers.