Payday advances and credit outcomes by applicant age and gender, OLS estimates

Table reports OLS regression estimates for result factors written in line headings. Test of most cash advance applications. Additional control factors maybe perhaps maybe not shown: gotten loan that is payday; settings for age, age squared, sex, marital status dummies (hitched, divorced/separated, solitary), web monthly earnings, month-to-month rental/mortgage re re payment, amount of kiddies, housing tenure dummies (house owner without home loan, property owner with home loan, tenant), training dummies (senior high school or reduced, university, college), work dummies (employed, unemployed, from the labor pool), relationship terms between receiveing pay day loan dummy and credit rating decile. Continue reading →