The result is specially significant for South Carolina, which before the variations got a single-loan proportions restrict of $300
The pooled regressions located no commitment between parallel credit prohibitions and overall levels lent though quantity borrowed, as contructed, combined multiple debts collectively. The law-change regressions help a similar realization. Kansas eliminated the simultaneous credit limit, while Virginia instituted a limit, neither which seemingly have affected overall amount borrowed. (tovább…)