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Just How Do Pay Day Loans Affect Borrowers? Proof through the U.K. Market

Just How Do Pay Day Loans Affect Borrowers? Proof through the U.K. Market Payday advances are controversial high-cost, short-term borrowing products, prohibited in lots of U.S. states. But debates surrounding their advantages to consumers carry on. We review the results of pay day loans on customers simply by using a unique information set including 99% …