Payday Lenders: Heroes or Villains?

Preprint

1 January 2007

preprint
Published by Elsevier in SSRN Electronic Journal

https://doi.org/10.2139/ssrn.999408

Abstract

I study the effect that the availability of exceptionally high-interest consumer loans (payday loans) has on individual welfare by using natural disasters as an

Keywords

PAYDAY LENDING
CONSUMER FINANCE
TEMPTATION CONSUMPTION
DISTRESS FINANCE

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