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Does the payday loan industry suffer from asymmetric information, why or why not? Does the payday loan industry hurt the poor or provide a necessary

  • Does the payday loan industry suffer from asymmetric information, why or why not?
  • Does the payday loan industry hurt the poor or provide a necessary service?
  • Should payday lenders be more regulated than they are?
  • If payday lenders were more regulated, would there be unintended consequences?

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