Posts Tagged ‘Donald Morgan’

Elizabeth Warren at Credit Slips (a great blog I just now learned of on credit and bankruptcy by six academics) has a great post touching on some of the payday loan research including the the Center for Responsible Lending (PDF link), the Center for Community Capital (PDF link) and the the bad numbers in the [...]

In a new staff study from the Federal Reserve Bank of New York, Donald Morgan and Michael Strain take another look at whether payday loans are predatory or, in Morgan’s terms, welfare enhancing. This time around, Morgan takes a look at the “afermath” when Georgia and North Carolina banned payday lending.
(Dr. Morgan has commented on [...]