Should payday loans be banned?

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Selected thesis

Payday loans should be banned.

Pros

Cons

  • Pro claim 1

    Payday loans often leave borrowers worse off than they started.

  • Pro claim 2

    Payday loans deepen social inequalities.

  • Con claim 1

    Payday loans can be a quick and easy way to borrow small amounts.

  • Con claim 2

    Payday loans are well regulated.