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random3
on Sept 16, 2023
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Observations on Credit and Lending Practices in Ur...
You seem to be describing working capital (business focused) rather than payday loan (consumer focus).
anovikov
on Sept 16, 2023
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Difference between the two probably only appeared when fixed salaries became a thing.
chaorace
on Sept 16, 2023
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In their defense: the OP's deployment of the term "payday" is sloppy when discussing a world which predates salaries, bank transfers, and indeed... weeks[1]
[1]:
https://en.wikipedia.org/wiki/Ancient_Mesopotamian_units_of_...
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