13 08, 2020

From Payday to Small Installment Loans. Dangers, opportunities, and policy proposals for effective markets

2020-08-13T13:37:48+00:00

From Payday to Small Installment Loans. Dangers, opportunities, and policy proposals for effective markets Dining dining Table of articles Overview Most of the biggest payday loan providers now provide installment loans, that are repayable as time passes and guaranteed by use of the borrower’s checking account, along with mainstream payday advances being due in one single swelling amount. 1 This shift toward installment lending is geographically extensive, with payday or automobile name loan providers issuing such loans or credit lines in 26 associated with the 39 states where they run. 2 Analysis by The Pew Charitable Trusts as well as others [...]

From Payday to Small Installment Loans. Dangers, opportunities, and policy proposals for effective markets 2020-08-13T13:37:48+00:00