The pooled regressions found that minimal loan terms affect loan size, plus the law-change results help that.
The pooled regressions found that minimal loan terms affect loan size, plus the law-change results help that. Just one state changed its legislation regarding minimum or optimum loan term: Virginia raised its minimal loan term from 1 week to 2 times the length of the debtor’s pay period. Presuming a pay that is standard of […]