Ideas Prácticas

This paper shows an obvious and fundamental website link between payday financing and alterations in the labour market, welfare state and financialisation. Our brand brand new and rigorous qualitative interviews demonstrate how payday financing is the consequence of earnings insecurity and low incomes in both and away from act as individuals increasingly have little alternative but to borrow from high-cost loan providers to attempt to pay bills. Sometimes this leads to debt spirals and thus compounds the dilemmas they face. (más…)