The trend previously described may help to spell out why many consumers by having a payday
The trend previously described may help to spell out why many consumers by having a payday Borrower insights. Borrowers are predominantly young Based on our Financial Lives Survey 2017, borrowers with HCSTC loans (payday and short-term instalment loans) differ in age. Figure 5 suggests that borrowers between 25 to 34 yrs old keeping HCSTC loans […]