An experimental analysis regarding the interest in pay day loans

An experimental analysis regarding the interest in pay day loans

Bart J. Wilson, David W. Findlay, James W. Meehan, Charissa Wellford, Karl Schurter

Research production: Contribution to journal › Article

Abstract

The cash advance industry is one of many fastest growing portions associated with the customer monetary solutions market in the usa. We artwork a host comparable to one that cash advance clients face and then conduct a laboratory test to examine exactly what impact, if any, the existence of pay day loans is wearing people’ abilities to control and also to endure monetary setbacks.