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by esilver 2585 days ago
Interesting. This comment, along with the one above, made me wonder whether a detailed analysis of this behavior has been undertaken. Pew's Payday Lending in America [0] series of reports is helpful and there are many, many analyses of the impacts of credit cards on spending. I could find nothing on instant deposit payment tools, however.

[0] https://www.pewtrusts.org/en/research-and-analysis/articles/...