A new book that relates first-hand experiences working in the payday lending industry could help shape the highly volatile debate over payday regulations in the months ahead. Lisa Servon, a professor ...
CLEMSON, S.C.--(BUSINESS WIRE)--Payday loans do not cause bankruptcy, according to a recent study by economists at Clemson University. Dr. Petru S. Stoianovici and Prof. Michael T. Maloney studied the ...
The study, by Prof. Victor Stango, comes as credit unions are petitioning regulators to increase charges on payday loans, prompting NCUA to propose an exemption to its 18% interest-rate cap to allow ...
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