Bankruptcy is meant to offer breathing space to struggling companies, but it may not be enough given the unpredictable nature of the pandemic.
- Economist, Professor of Law, Vanderbilt University
The bankruptcy system has always been difficult to navigate, especially for minorities and other vulnerable groups. The pandemic is making it a lot harder.
Use of installment loans has grown dramatically in recent years – all without the regulatory scrutiny that tamped down on abuses in the payday loan market.
New rules may end up eliminating payday loans, one of the few credit options available to low-income Americans. Despite their high cost and potential for abuse, they can be beneficial.
Contact Paige for
- General
- Media request
- Speaking request
- Consulting / Advising
- Research collaboration
- Research supervision
- Location: Nashville, TN
- Website
- X (formerly Twitter): @paige_skiba
- Article Feed
-
- Joined
