High-interest payday loans were illegal in the United States prior to the 1980s, and currently, 18 states and the District of Columbia prohibit them by capping interest rates, typically at 36%.

Authors

• Person: Not available Organization: American Public Health Association
  The Impacts of Individual and Household Debt on Health and Well ...

Sources

• The Impacts of Individual and Household Debt on Health and Well ... www.apha.org American Public Health Association via serper

Referenced by nodes (3)

• payday loans concept
• District of Columbia location
• U.S. location