Money to Go

Todd J. Zywicki

George Mason University School of Law; PERC - Property and Environment Research Center

June, 29 2010

Regulation, Vol. 33, No. 2, p. 32, Summer 2010

A number of recently developed consumer credit instruments, such as auto title loans, are receiving critical attention from policymakers who worry that these instruments represent “abusive lending.” This paper focuses on auto title loans, arguing that the seemingly high interest rates on these loans are fair in light of their default risk and the value of securing collateral, and that firms engaged in this lending do not reap windfall profits. The paper further argues that policymakers should be hesitant to restrict this form of credit, as it is valued by consumers and is often used by small businesses on a short-term basis to secure much-needed cash for operating expenses.

Number of Pages in PDF File: 6

Open PDF in Browser Download This Paper

Date posted: June 29, 2010  

Suggested Citation

Zywicki, Todd J., Money to Go (June, 29 2010). Regulation, Vol. 33, No. 2, p. 32, Summer 2010. Available at SSRN: http://ssrn.com/abstract=1632416

Contact Information

Todd J. Zywicki (Contact Author)
George Mason University School of Law ( email )
3301 Fairfax Drive
Arlington, VA 22201
United States
703-993-8091 (Phone)
703-993-8088 (Fax)

George Mason Law School Logo

PERC - Property and Environment Research Center
2048 Analysis Drive
Suite A
Bozeman, MT 59718
United States

Feedback to SSRN

Paper statistics
Abstract Views: 618
Downloads: 60
Download Rank: 260,850

© 2016 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollobot1 in 2.453 seconds