Category: Payday lending

Reviving the payday lender

28 January, 2011 (12:57) | Finance, Lending, Payday lending, Regulation, Subprime, Theory |

 By: David A. Smith   Four years ago, long before the credit crunch hit us, I posted at length about Payday lenders, who were doing well and probably not by doing good.  Instead they were setting up shop outside Indian reservations and military posts, exploiting anxious or desperate people who had few alternatives.    Now, […]