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Category Archives: dollar financial group loans online payday loans

2 Payday Lending and State Regulation

2 Payday Lending and State Regulation Payday lending is widespread. FDIC (2013) estimates that 4.7% of most U.S. households have actually at a while utilized payday lending, while Pew Charitable Trusts (2012) places the figure at 5.5per cent of U.S. grownups. In 2005, payday storefronts outnumbered McDonald's and Starbucks areas combined (Graves and Peterson, 2008).…
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