Media Coverage Women More Likely to Take Payday Loans

Payday loans are the financial bastion of last resort for consumers barely living paycheck-to-paycheck— the last stop between buying the groceries or going hungry for way too many U.S families.

And women use the loans more than men, a study suggests.

According to a study from the Pew Foundation, American adults spend about $7.4 billion on payday loans, using approximately 20,000 storefronts and hundreds of websites and now even banks. 

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Safe Small-Dollar Loans Research Project

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