Seminar Prep: Answer this question in a short paragraph on a piece of paper that you will attach to your seminar reflection.
Should fees/interest rates on Payday loans be limited by law?
You must have homework done in order to take part in the seminar.
HOMEWORK: (Due January 8th/9th) Answer these Checkpoint questions in Ch. 16 Sections 1 and 2 . They are on pages 483, 484, 486, 490,492, 494. Be sure you use all the Key Terms on pages 481 and 488.
PAYDAY LOANS SEMINAR QUESTIONS.
OPENER: Should fees/interest rates on Payday loans be limited by law?
Should payday loans be outlawed?
Should interest rates on loans in general be limited?
What would be the unintended consequences of the above actions?