consumer psychology
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Real-life consumer psychology – with a touch of technology
Curated by Leona Ungerer
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The surprising truth about the growth of payday loans

The surprising truth about the growth of payday loans | consumer psychology | Scoop.it

"In today's economic climate many people are opting for a short-term loan, AKA payday loan. Here's what you need to know about them..."

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Do payday loans exploit poor people? Research review

Do payday loans exploit poor people? Research review | consumer psychology | Scoop.it

"This 2016 research roundup looks at high-cost credit and the arguments over whether payday loans help or hurt the working poor ..."

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Payday borrowing’s debt spiral to be curtailed

Payday borrowing’s debt spiral to be curtailed | consumer psychology | Scoop.it

"Protections are coming from a consumer agency that likens the lending to “getting into a taxi just to ride across town and finding yourself stuck in a ruinously expensive cross-country journey" ..."

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Payday loans: Predatory loan sharks or crucial fix in a pinch? - The Globe and Mail (subscription)

Payday loans: Predatory loan sharks or crucial fix in a pinch? - The Globe and Mail (subscription) | consumer psychology | Scoop.it

"The payday loan industry has exploded over time in Canada, prompting new regulations that industry reps say are strangling growth and will force people into the hands of unregulated, online lenders ..."

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Why poor people make expensive financial decisions

Why poor people make expensive financial decisions | consumer psychology | Scoop.it

"Often, the banking options available for low-income Americans are all fundamentally flawed ..."

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If payday loans go away, what replaces them?

If payday loans go away, what replaces them? | consumer psychology | Scoop.it

"The lenders who advance poor people money on their paychecks charge exorbitant interest rates that often snare the most vulnerable customer ..."

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Google bans ads for payday and high-interest loans

Google bans ads for payday and high-interest loans | consumer psychology | Scoop.it

"As of July 13, the ads will no longer be accepted in AdWords ..."

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From another source: Google to ban payday loan advertisements

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Big data underwriting for payday loans

Big data underwriting for payday loans | consumer psychology | Scoop.it

"ZestFinance, a practitioner of big data underwriting, says it can reduce the risk of default on payday loans by 40 percent or more ..."

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