Aug 2016
, Banking on the Margins: Finding Ways to Build an Enabling Small Dollar Credit Market
Simply doing away with payday loans will help some, but it will also hurt others. To truly improve the small dollar credit market, increased access to well-structured and more affordable small dollar credit (what this paper refers to as enabling small-dollar credit) is vital. Building an enabling small-dollar credit market will require action and collaboration from a variety of social actors: governments, banks, credit unions, and civil society.