Short-Term, Small-Dollar Lending: Policy Problems and Implications
Short-Term, Small-Dollar Lending: Policy Problems and Implications cashland Appendixes Overview Short-term, small-dollar loans are consumer loans with fairly low initial major amounts (frequently lower than $1,000) with reasonably repayment that is short (generally speaking for only a few weeks or months). Short-term, small-dollar loan items are frequently employed to pay for cash-flow shortages which could