Short-Term, Small-Dollar Lending: Policy Problems and Implications

Short-Term, Small-Dollar Lending: Policy Problems and Implications Appendixes Overview Short-term, small-dollar loans are consumer loans with fairly low initial major amounts (frequently not as much as $1,000) with reasonably repayment that is short (generally speaking for a small amount of weeks or months). Short-term, small-dollar loan items are frequently employed to pay for cash-flow shortages […]