CHI TIẾT NGHIÊN CỨU …
Tiêu đề
Students and small-dollar credit
Tác giả
Livingston L.S.
Năm xuất bản
2013
Source title
International Journal of Interdisciplinary Educational Studies
Số trích dẫn
0
DOI
10.18848/2327-011X/CGP/v07i02/53238
Liên kết
Tóm tắt
We present a student survey based on a recent Treasury convening on uses and abuses of small-dollar fringe credit. Financially inexperienced students may be particularly vulnerable to negative outcomes from this type of credit. Using a sample from a small liberal arts university, we find that our students are highly unlikely to use fringe products like payday loans. The news is not all good, however. While our students are very familiar with mainstream credit and savings products, they are almost entirely ignorant of their costs. Should less advantaged students display this sort of blasé attitude when transacting in the small-dollar markets, they could easily fall into a fringe-loan "debt trap." © Common Ground, Lynda S. Livingston, All Rights Reserved.
Từ khóa
Fringe Lending; Payday Loans; Small Dollar Credit; Student Finance
Tài liệu tham khảo
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Nơi xuất bản
Common Ground Research Networks
Hình thức xuất bản
Review
Open Access
Nguồn
Scopus