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Payday Loan Demographics

PAYDAY LOAN DEMOGRAPHICS THE PEOPLE BEHIND PAYDAY LOANS AGE GROUP MOST LIKELY TO USE PAYDAY LOANS : 25-49 years old EDUCATIONAL BACKGROUND OF PAYDAY LOAN BORROWERS : High school graduates and some college education are the most common . GENDER DISTRIBUTION : Predominantly female borrowers . 2 PERCENTAGE OF PAYDAY LOAN BORROWERS WITH ANNUAL INCOMES UNDER $ 40,000 : Over 80 % ETHNICITY OF PAYDAY LOAN BORROWERS : Diverse , but higher usage among African American and Hispanic communities .

Payday Loan Demographics

shared by jackrot52 on Sep 11
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"Payday Loan Demographics" explores the characteristics and profiles of individuals who commonly utilize payday loans. This informative section provides insights into the age groups, income levels, ed...

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