2021-01-05 at 19:25 · amanda
A new research on payday lending in Oklahoma has uncovered proof that high-interest loan providers target economically troubled communities by opening storefronts in poorer areas and near army installments.
The analysis, through the вЂњDemographics on Payday Lending in OklahomaвЂќ from Howard UniversityвЂ™s focus on Race and riches, desired to spot the demographics and economic faculties that attract payday loan providers.
The studyвЂ™s primary writer, Howard University economics teacher Haydar Kurban, utilized geographical information system computer software вЂ” or GIS вЂ” to correlate the the addresses of payday loan providers with census information on earnings as well as other facets, along with payday lenderвЂ™s proximity to army bases.
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