Short-Term, Small-Dollar Lending: Policy Problems and Implications
Short-Term, Small-Dollar Lending: Policy Problems and Implications Appendixes Overview Short-term, small-dollar loans are consumer loans with fairly low initial major amounts (frequently lower than $1,000) with reasonably quick payment durations (generally for a small amount of months or months). Short-term, small-dollar loan items are commonly used to pay for cash-flow shortages that will happen as […]