Monthly Archives: March 2011

New Study Suggest Payday Loans Do Not Target the Poor

March 31, 2011

In San Diego this week a new study was release on the target consumers and average effects of payday loans.  Its results contradict previous statements by consumer watchdog groups and politicians that suggest payday lenders target low income or immigrant consumers, the unemployed, or the elderly. The report points out that more then 19 million…

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