Loans before payday are short-term microloans for not too much money in dollars, which payday loans in ohio online are easy to borrow. Based on the information of the us courts for 1997-2015 from the list of 50 usa and washington, dc, i analyze the impact of prohibitions on obtaining loans at the time of payment of wages on the words about the bankruptcy of individuals who are not necessary for business, on the topic of the "differences in differences" approach. I find that a strict ban on payday loans has a significant impact on the number of bankruptcy applications of individuals not related to business, one hundred percent 000 people. A strict ban on obtaining loans immediately after payday reduces the payday loans in Tennessee concentration of bankruptcy of individuals by 45.96 to 59.58 orders for one hundred percent of thousands of users per year, which today is 12.02-15.58% cheaper than approximately in the russian federation for 1997-2015 (382.31). If a payday loan is issued to persons who are already in a difficult financial situation, a strict ban on loans immediately after payday should either increase or not change the number of bankruptcy applications. Instead, i find a decrease in the number of applications for a cool bankruptcy, which will say about the fact that the restriction of lending, like sanctions for obtaining loans daily payday increases well-being.
