23 Apr вЂњThe aftereffect of State Bans of Payday Lending on Consumer Credit Delinquencies.вЂќ Desai, Chintal A.; Elliehausen, Gregory. The Review that is quarterly of and Finance, 2016. doi: 10.1016/j.qref.2016.07.004.
Abstract: вЂњThe financial obligation trap theory implicates payday advances as a factor exacerbating customersвЂ™ monetary distress. Appropriately, restricting use of pay day loans could be anticipated to reduce delinquencies on main-stream credit services and products. We try this implication regarding the theory by analyzing delinquencies on revolving, retail, and installment credit in Georgia, new york, and Oregon.