The atmosphere surrounding Earth is full of air! The air in our atmosphere is made of molecules of different gases. The most common gases are nitrogen (78%) and oxygen (about 21%). There are other types of air molecules as well, but in very small quantities.Air is important for almost all life on Earth including plants and animals.he air is thinner higher in the atmosphere because there is lower pressure the higher you go up. There is a special layer of air molecules high in the stratosphere layer of Earthâs atmosphere, called the ozone layer.
Because the loans have such short terms, the cost of borrowing is generally high. A typical payday loan with a two-week term and a $15 per $100 fee has an annual percentage rate (APR) of nearly 400%, according to the CFPB. (Hereâs a primer on how interest rates work.) How Do Payday Loans Work?
You may want to eliminate the credit card debt first, but payday loans are the priority. Hereâs why: When you have a mix of debt, itâs best to pay off the source with the highest interest rate. Even if you think you have a high rate on your credit card â up to 30% in some cases â payday loans are still worse. You can have a payday loan with an APR from 390% to more than 530%!