23Mar
How pay day loan regulation affects debtor behavior
How pay day loan regulation affects debtor behavior Twelve million individuals within the U.S. borrow from payday loan providers annually. With original information from a payday that is online, Justin Tobias and Kevin Mumford used a novel technique to observe how pay day loan legislation affects debtor behavior. “No one had looked over the result of cash advance policy and legislation after all. No one ended up being taking a look at the particular policies that states...