logo-cabecera

Just How Do Pay Day Loans Affect Borrowers? Proof through the U.K. Market

Diciembre 20, 2020

Just How Do Pay Day Loans Affect Borrowers? Proof through the U.K. Market

Abstract

Pay day loans are controversial high-cost, short-term financial products, banned in a lot of U.S. states. But debates surrounding their advantages to consumers continue. We evaluate the results of payday advances on customers by utilizing a unique information set including 99% of loans authorized in britain more than a two-year duration matched to credit files.

Sigue leyendo
Continue reading...