WILLIAMS: Dynamics of market credit for low-end consumers

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Smaller loans have higher transactional costs relative to the loan amount. While government regulations designed to “protect consumers” may be well-intended, if the result is to prevent lenders from recovering those costs, then the unintended result will be denial of credit to otherwise creditworthy consumers.

Armstrong Williams, author of the 2010 book “Reawakening Virtues,” is on Sirius Power 128 from 7-8 p.m. and 4-5 a.m. Mondays through Fridays. Become a fan on Facebook at www.facebook.com/arightside, and follow him on Twitter at www.twitter.com/arightside. Read his content on RightSideWire.com.

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