Pew Charitable Trust Study Is In On Payday Loans

By Shawn Martin

Pew Foundation
Pew Foundatio

I stumbled upon this study by accident as I was going through some payday loan news alerts. I thought I would share it with everyone.

That article was titled “Study is in.” ¬†Which really did not explain much, and was extremely¬†vague, which is probably why I missed it, so I titled mine “Pew charitable trust study is in on payday loans.”

I figured this title told a much better story. Seems the results are not very surprising to those of us who follow this business. I was a bit surprised by the overall numbers of people who are actually living on payday loans.

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