Sökning: "deferred presentment"

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  1. 1. Petty Debt: A Comprehensive Examination of Michigan’s Deferred Presentment Industry and Its Growth between 2000-2018

    Kandidat-uppsats, Lunds universitet/Ekonomisk-historiska institutionen

    Författare :Kevin Ryan Richardson; [2019]
    Nyckelord :payday lending; payday lender; deferred presentment; Michigan; economic history; Detroit; recession; fringe banking; overdraft; poverty penalty; working poor; urban; financial services; inequality; Social Sciences;

    Sammanfattning : The payday lending industry in Michigan grew rapidly in the first decade of the 2000s, providing high-cost loans to borrowers with a damaged credit history and few other financial options. The typical clientele of payday lenders represents a specific socioeconomic demographic, wherein they are most often the ‘working poor’. LÄS MER