Payday lenders have embraced installment loans to evade regulations – nonetheless they are worse

Payday lenders have embraced installment loans to evade regulations – nonetheless they are worse By Paige Marta Skiba and Caroline Malone Installment loans look like a kinder, gentler form of their “predatory” relative, the pay day loan. However for customers, they may be a lot more harmful. Utilization of the installment loan, for which a…