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BP 48: general general general Public health implications of payday financing
Date: 2016 Category: Briefing Paper Author: GCPH september
The objective of this briefing paper is to help expand the knowledge of the population that is potential effects of payday financing.
The 2008 financial meltdown and subsequent financial recession triggered a renewed concentrate on the relationship between socioeconomic facets and wellness. Particularly the commercial downturn has raised issues round the overall health of an individual accruing or experiencing debt that is personal.
The paper concentrates solely on payday financing; a practice that is controversial relates to short-term loans for smaller amounts of cash with a high rates of interest and charges.