Payday Lending in America
Payday Loan Fast Facts
"Who Borrows, Where They Borrow, and Why"(2012) answers fundamental questions about payday loan borrowers and the marketplace.
"How Borrowers Choose and Repay Payday Loans" (2013) demonstrates that payday loans are unaffordable for most, and answers questions about the borrower experience.
"Payday Lending in America: Policy Solutions" (2013) discusses the safeguards that are necessary to create successful small-dollar loan markets, and presents an analysis of a recent Colorado law change showing these safeguards can be applied while maintaining access to credit.
Pew’s Policy Recommendations to Fix Payday Loan Problems
Selected Infographics and Interactives
Payday Loans: What Are They, Who Uses Them, and Why? (animated videos)
How Payday Loans Work (infographic)
Payday Loan Affordability Fast Facts (infographic)
Payday Borrowers Want Reform (infographic)