Payday-loan bans: proof of indirect impacts on supply

Payday-loan bans: proof of indirect impacts on supply Abstract Ohio enacted the Short-Term Loan Law which imposed a 28% APR on payday advances, efficiently banning the industry. Making use of licensing records, I examine if you will find alterations in the supply side of this pawnbroker, precious-metals, small-loan, and lending that is second-mortgage More...

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By admin On Monday, January 4th, 2021
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Payday-loan bans: proof of indirect impacts on supply

Payday-loan bans: proof of indirect impacts on supply Abstract Ohio enacted the Short-Term Loan Law which imposed a 28% APR on payday advances, efficiently banning the industry. Making use of licensing records, More...