Payday Lending in the usa: Who Borrows, Where They Borrow, and exactly why

Payday Lending in the usa: Who Borrows, Where They Borrow, and exactly why Each 12 months, 12 million borrowers save money than $7 billion on pay day loans. This report—the first in Pew’s Payday Lending in the usa series—answers major questions regarding who borrowers are demographically; just just how individuals borrow; simply how much they …

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