Who Borrows from Payday Lenders?
Thursday, August 13, 2009
Many families in our country are going to alternative forms of credit to make ends meet in the current economic crisis. The recent report by the Center for American Progress, or CAP, which analyzes new data from the Survey of Consumer Finances, minority families and low income are more likely to use a class called credit pay day loans in English, which can become a trap for credit and that these families may sink even further financially.



