There are payday shops (online and brick and mortar) that make their money off of sending people into
a downward debt cycle, but I think recent state regulations are doing a better job at curbing the payday loan preying, while at the same time supporting an industry that fills an economic void.
Not exact matches
Dear Ksam, Almost all the
debt funds are giving very nominal returns as there is no clear trend (upward / further
downward) for interest rate
cycle.
Considering the
downward trend in interest rate
cycle and also there is further room for rate cuts, we can expect decent returns from Ultra Short term
debt funds (but some of it might have been already factored in).