Short-Term, Small-Dollar Lending: Policy Problems and Implications

Short-Term, Small-Dollar Lending: Policy Problems and Implications Short-term, small-dollar loans are consumer loans with fairly low initial major amounts (frequently lower than $1,000) with reasonably repayment that is short (generally speaking for only a few days or months). Short-term, small-dollar loan items are commonly used to pay for cash-flow shortages that could take place as a result of unforeseen costs…

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Bill Would Relieve Rules on Pay Day Loans

Bill Would Relieve Rules on Pay Day Loans AARP is a component of coalition measure that is opposing Ross D. Franklin/AP Indications like that one in Phoenix could become prevalent in Pennsylvania in the event that Senate approves a bill making it easier for such establishments to work into the Keystone State. No lenders that are short-term also known as…

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