![](https://www.academicalliancefoundation.org/wp-content/uploads/2022/03/Payday-Lending-in-The-USA-Europe-and-Africa-555x350.png)
The phenomenon of payday lending in its modern form appeared in the 18th century due to the conservatism of large commercial banks operating in Europe and the United States. For a long time, they preferred to work with clients that are similar to them. As a result of the unmet demand for small loans in […]