Discussion on Payday Lending at the ‘Glom
posted by Dave Hoffman
There is an interesting discussion ongoing at the Conglomerate on the study of payday loans. Ronald Mann, who started the topic, is particularly interested in the interaction between virtual and nonvirtual lenders, and he notes that the e-market offers significantly better rates. Does this discount relate to different costs, or to different income levels? Go check it out.
February 8, 2006 at 3:33 pm
Posted in: Economic Analysis of Law
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