Data had been collected from state-level firms in charge of overseeing, controlling and issuing licensees for payday lenders

With this research, we gauge the quantity of functioning and recently trained payday loan providers in a county-month from January 2005 to December 2010. Department data for eleven shows are examined: Arizona, Idaho, Iowa, Kansas, Missouri, Montana, Nevada, Southern Dakota, South Carolina, Tennessee, and Virginia. All states within our test explicitly authorized the procedure of payday loan providers within observed menstruation. 9 The time period and seen claims is limited because of the availability, or shortage thereof, of relevant, branch-level data (including precise go out of initial licensing, part target, and go out of department closing, if applicable). Continue Reading