Are Payday Loans Legalized Loan-Sharking?

Abstract: A 3 page paper discussing the operation and ethics of payday loan companies. The need for the existence of payday loan companies is regrettable, but the business can be expected to grow as the economy continues to favor greater numbers of low-paying service jobs. They are not legal loan sharks, but their success certainly indicates a need for general financial education in public schools. Bibliography lists 6 sources.

Filename: KSfinPayLoan.rtf

Pages: 3

---

Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

---