IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-137-36110-3_8.html
   My bibliography  Save this book chapter

Conclusion and Recommendations

In: Payday Lending: Global Growth of the High-Cost Credit Market

Author

Listed:
  • Carl Packman

Abstract

Finally I conclude and add recommendations that can have, to varying degrees, a real positive impact to the regulation of consumer credit in general, and high-cost credit more specifically. The recommendations are divided into industry-specific interventions, ranging from caps on the cost of credit, bans on rollovers, and offering longer term loans, to wider interventions such as an annual levy placed on the payday lending industry to payfor its own regulation, uniform laws on all consumer credit to ensure lenders cannot circumvent rules, a Community Reinvestment Act as well as banking ordnances, to the development of responsible credit.

Suggested Citation

  • Carl Packman, 2014. "Conclusion and Recommendations," Palgrave Macmillan Books, in: Payday Lending: Global Growth of the High-Cost Credit Market, chapter 7, pages 133-139, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-36110-3_8
    DOI: 10.1057/9781137361103_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Keywords

    community; credit; debt;
    All these keywords.

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-137-36110-3_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.