Market Functioning
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what is a vig Informational
- Factors Affecting the Rate How does a vig differ from standard interest
- Building Capacity What is the role of ongoing research in understanding the evolving nature of predatory lending and the various forms that vigs can take
- Competitive Landscape
- Building Understanding How does the vig influence the dynamics of trust and reciprocity within informal lending networks in different cultural contexts
- Economic Consequences What are the potential benefits of promoting financial literacy from a young age to prevent future vulnerability to high-vig loans
- Building Trust What are the legal definitions of usury and how does a vig often fall under these definitions
- Moral Obligations
- Providing Accurate Information What is the role of international organizations in addressing the problem of cross-border illegal lending and the enforcement of regulations against vigs
- Informing Policy How can the legal framework be strengthened to provide greater protection for individuals who may be subjected to threats or violence by lenders enforcing the repayment of high-vig loans
- Lack of Awareness
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