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BP 48: general Public health implications of payday financing
Date: September 2016 Category: Briefing Paper Author: GCPH
The goal of this briefing paper is to help the comprehension of the prospective populace wellness effects of payday lending.
The 2008 financial meltdown and subsequent financial recession triggered a renewed concentrate on the relationship between socioeconomic facets and wellness. Especially the commercial downturn has raised issues all over overall health of people accruing or experiencing individual financial obligation.
The paper concentrates solely on payday financing; a controversial training which identifies short-term loans for lower amounts of cash with high rates of interest and costs. Continue reading