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

Payday Lending in the us: Who Borrows, Where They Borrow, and exactly why FAST SUMMARY Each 12 months, 12 million borrowers spend more than $7 billion on payday advances. This report—the first in Pew’s Payday Lending in the usa series—answers questions that are major whom borrowers are demographically; exactly how individuals borrow; simply how much