Abstract: “Your debt trap hypothesis implicates payday loans given that something exacerbating consumers’ economic distress

Abstract: “Your debt trap hypothesis implicates payday loans given that something exacerbating consumers’ economic distress We find people get payday loans when they have limited the means to access mainstream borrowing from the bank Consequently, limiting access to cash advance would-be anticipated to cure delinquencies to the mainstream borrowing from the bank issues. We test […]