One issue using the payday-lending industry—for regulators, for loan providers, when it comes to public interest—is so it defies easy financial intuition.

One issue using the payday-lending industry—for regulators, for loan providers, when it comes to public interest—is so it defies easy financial intuition. As an example, generally in most companies, more competition means reduced costs for customers. That maxim certainly helped guide the deregulation of this fringe financing business when you look at the 1990s—and some […]