Affordability try a problem surrounding lending that is small-dollar

Introduction Short-term, small-dollar loans are consumer loans with reasonably low initial principal amounts (frequently lower than $1,000) with brief payment durations (generally for a small amount of months or months). 1 Short-term, small-dollar loan items are commonly used to pay for income shortages that will happen because of unanticipated spending or durations of insufficient money….

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