Faculty News

Prof. Arun Sundararajan on the federal regulation of payday lenders

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Excerpt from CCTV -- "On the one hand, it’s a good move because the people getting these loans don’t understand how bad things can get if they don’t pay them back. So one solution to go after the lenders who are being exploitative. But it’s also important we recognize there is a significant fraction of the United States that is unbanked."

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