Kategorie: payday loans direct

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 significantly less than $1,000) with fairly quick payment durations (generally speaking for a small amount of days or months). Short-term, small-dollar loan items are commonly used to pay for cash-flow shortages that will take place...