Small amount credit contracts: briefing report

This report provides an overview of Small Amount Credit Contracts (SACCs), known colloquially as 'payday loans'. Written for the Australian context, it provides an overview of what SACCs are, how they are regulated, who uses them and why, how users feel about them and view lenders, the challenges the SACC industry faces, and alternatives to SACCs. The report also provides some areas for further research.