government rebate check

Payday Loans and Tax Rebates: How Consumers Handle Shocks

A University of Chicago study by Bertrand and Morse show how tax refunds affect payday loan usage, but further study of economic climate is needed. CLICK HERE.

Rather than being a product of impulse or vanity, payday loans are a reflection of consumers' reaction to a harsh economic climate. (Photo: flickr.com)

Friday, October 16th, 2009 by

By Steve Tarlow

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Payday Loans and Tax Rebates: How Consumers Handle Shocks

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