Outcomes for loan requests, item holdings, and balances

Outcomes for loan requests, item holdings, and balances

First we present results for loan requests and item holdings, excluding loans that are payday. Dining Table 2 states the quotes of this jump in the acceptance threshold. Into the duration 0-6 months after very first cash advance application, brand brand brand new credit applications enhance by 0.59 applications (a 51.1% increase of for a base of 1.15) for the managed group and item holdings enhance by 2.19 items (a 50.8% increase). The plots in on line Appendix Figure A3 illustrate these discontinuities in credit applications and holdings into the duration after the pay day loan, with those getting that loan making extra applications and keeping extra services and products in contrast to those marginally declined.

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