Payday lenders derive 75 percent of their fee revenue from borrowers who take out ten or more loans per year.

Authors

• Person: Not available Organization: Maine Center for Economic Policy
  Predatory Lending — An Explainer - MECEP

Sources

• Predatory Lending — An Explainer - MECEP www.mecep.org Maine Center for Economic Policy via serper

Referenced by nodes (1)

• payday lenders concept