An Econoist’s View of the Payday Loan Industry

“As we are becoming increasingly aware at both the national and the local level, credit markets cannot and will not work effectively and efficiently unless both lenders and borrowers, creditors and debtors, are permitted to experience the consequences of their credit decisions, for good or ill.”

Tom Lehman, Ph.D., Associate Professor, Indiana Wesleyan University

See the full report here.

by admin

Bookmark the permalink.

Both comments and trackbacks are currently closed.