Twelve million Americans take out payday loans each year, spending approximately $7.4 billion annually at 20,000 storefronts and hundreds of websites, plus additional sums at a growing number of banks. To learn more about payday loans, including how they work, who uses them, and why, watch our two videos explaining payday loans.

To have an honest debate about how to solve poverty we have to believe everyone in the debate has good will, but even if our approaches differ we all want poverty to end. But the reality is, there are those for whom poverty creates a profit. more