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Cash Advance Loans: PEW Study Sheds Light on Borrowers’ Choices

Posted on July 9, 2013 by Kristy Lamar

Another PEW study has found some interesting data on how fast cash advance loans are chosen and paid.  PEW’s Payday Lending in America series once again has studied the behaviors of short-term loan borrowers in order bring more light in how the industry affects the average person. Most direct lenders would tell you that a person who applies for one of their direct cash advance loans is having financial troubles. It’s an obvious answer, why else would someone be willing to pay the fees behind the loan? What the PEW study … Continue reading →

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