The Community for Personal Work and Analysis
and governmental characteristics regarding the state. Hence, it had been hypothesized that state governmentsвЂ™ liberal governmental ideology would be adversely associated with the APRs, controlling for three macroeconomic control factors.
This research had been relational and used a multivariate ordinary minimum squares regression analysis with WhiteвЂ™s robust standard errors. Using purposive sampling practices, this cross-sectional study contained information for 45 associated with 50 US states, excluding the five states that didn’t have maximum payday loan APRs.