4 January

Payday-loan bans: proof of indirect results on supply

Payday-loan bans: proof of indirect results on supply Abstract Ohio enacted the Short-Term Loan Law which imposed a 28% APR on pay day loans, efficiently banning the industry. Making use of certification records, we examine if you can find alterations in the supply region of the pawnbroker, precious-metals, small-loan, and lending that is second-mortgage during […]