CreditSlips

Pawnbroking: The Hot New (Ancient) Credit Market

02/25/13

Thanks for having me back at Credit Slips! This week I’ll be blogging about two forms of credit that are increasingly popular: auto title lending and pawnshops.

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Welcome Back to Paige Skiba

02/24/13

It is always great to have our guests return, which makes me please to announced that Professor Paige Skiba of Vanderbilt University will be joining us for a few days. Paige has done a lot of interesting work on high-interest credit like payday lending and pawnshops. She promised to blog a little bit about her new paper with Jim Hawkins of the University of Houston on title loans.

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Arbitration versus sovereign debt: Where will YOU be on February 27?

02/24/13
February 27 is a big day for people interested in financial markets, consumer credit, and... well, many things of interest to Credit Slips readers. I'll be in New York, attending round two of the Second Circuit oral arguments in NML v. Argentina. Meanwhile, the Supreme Court will be hearing argument in In re American Express Merchants Litigation - the latest big arbitration case.
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Technical Problems Yesterday

02/20/13

If you visited Credit Slips yesterday (February 19) and had problems loading the site, it was because our hosting service (Typepad) had some system-wide issues. Everything should be working now. Typepad status is always available here.

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Consumer Bankruptcy Around the World (Bank)

02/19/13

Thanks so much to Bob and everyone else at Credit Slips for inviting me to join on a more consistent basis!

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Disclosure 2.5: Moving from the Lab to the Field

02/18/13

If financial education classes and lab-tested disclosures are unlikely to help consumers in their real-world financial decisions, what about field-tested targeted education/disclosure? Exciting work by Marianne Bertrand and Adair Morse shows that information given to payday borrowers can reduce their future borrowing, holding payday lender behavior static.

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Bankrupt Churches

02/18/13

My colleague, Professor Pamela Foohey, has just posted a paper on SSRN about religious organizations that have filed chapter 11. While the Roman Catholic dioceses bankruptcies have grabbed a lot of attention, Foohey identifies 509 other cases filed by faith-based organizations from 2006 - 2011. The amount of work in this study is impressive.

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Occasional Jason Kilborn

02/18/13

Long-time readers will remember Professor Jason Kilborn's guest-blogging stints. Jason focuses on comparative and international issues in the world of bankruptcy. This is always a perspective we sorely need here on the Slips, and we were wanting to get his voice back on the blog.

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