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WERTH: So, what Fusaro did was he set up a randomized control trial where he gave one group of borrowers a traditional high-interest-rate payday loan and then he gave another group of borrowers no interest rate on their loans and then he compared the two and he found out that both groups were just as likely to roll over their loans again.
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2013 FDIC National Survey of Unbanked and Underbanked Households: Appendices, at Appx.
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If you need help with credit, budgeting or debt management, please contact the National Foundation for Credit Counseling at , advance me today payday loan in 32608.
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JPMorgan Chase (Fortune 500) received only three loans from this program for a total of $3 billion.
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