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what is a vig Informational
- Negative Externalities
- Risk and Reward What are the potential benefits of investing in research to better understand the motivations and decision-making processes of both lenders who charge high vigs and borrowers who take out such loans
- Risk Assessment
- Understanding the Numbers How does the vig compare to the interest rates on credit cards
- Gathering Intelligence How can the legal definition of financial fraud be broadened to explicitly include deceptive practices related to the charging of disguised vigs
- Local Practices What are the challenges in measuring the true extent and impact of illegal lending involving vigs
- Academic Inquiry
- Financial Burden
- Power Imbalances
- Promoting Well-being What is the role of government in ensuring that all individuals have access to affordable and safe financial services, thereby reducing the demand for high-vig loans from unregulated sources
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