Question

what is A method where information to be remembered is hung on mental 'pegs'?

Answer 1

$\huge\bold\red{HOLA}$

The system gets its name from the fact that the peg words act as mental "pegs" on which you can hang the information that you need to remember. The peg method is a better memory strategy than either the link or loci method because it's not dependent on retrieving items in sequence.