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Assessing the Welfare Impacts of this Payday Loan business in america

Assessing the Welfare Impacts of this Payday Loan business in america Payday loans—small https://getbadcreditloan.com/payday-loans-ia/ short-term loans with a high rates of interest that become due during the time of the borrower’s next paycheck—are a typical type of lending to people who have low incomes in america. Do borrowers taking right out these loans make rational choices, or do they borrow…