Discussion Points

Carl Packman

Chapter 6 in Payday Lending: Global Growth of the High-Cost Credit Market, 2014, pp 114-132 from Palgrave Macmillan

Abstract: Abstract This chapter attempts to bring about a discussion of the points raised in the previous chapters, on why the countries written about are uniquely placed to develop such a formalized high-cost credit industry, what kind of arguments have been developed in recent times about payday lending, as well as a detailed look into what has happened when the supply of high-cost credit has been reduced. It then goes over the common themes of the industry, its controversy, and how borrowers have interacted with it.

Keywords: credit; credit unions; debt; loan sharks (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-36110-3_7

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DOI: 10.1057/9781137361103_7

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