Does Community Access to Alternative Financial Services Relate to Individuals’ Use of These Services? Beyond Individual Explanations | SpringerLink

There is concern that the increasing number of alternative financial services in communities across the USA is risking individuals’ financial health by increasing their use of these high-cost services

Source: Does Community Access to Alternative Financial Services Relate to Individuals’ Use of These Services? Beyond Individual Explanations | SpringerLink

State regulation that prohibited payday lenders had a protective association for modest- and highest-income individuals but had no effect for lowest-income individuals. Policy implications are discussed.

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