Why Do People Fall For Payday Loans?
Payday loans can have a annual interest rate of 400%, but peop... ...into the trap of taking a second, third, or more loans to cover the shortfalls caused by the previous loans . University of Chicago economists Marianne Bertra... ...n experiment in which they explained th...
https://www.neatorama.com/2009/07/23/why-do-people-fall-for-payday-loans/
