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The Economic Impact of Payday Lending in Economically Vulnerable Communities - ACORN Canada

The Economic Impact of Payday Lending in Economically Vulnerable Communities

Resource Type: Fair Banking

This recent report from the Howard University Center on Race and Wealth uses 2012 Census data to identify the real and potential victims of payday lending, and pinpoints their geographic locations within the following target states__Alabama, Florida, Louisiana, and Mississippi. “Based on the locations of these lenders, it is clear that they target minority and low-to middle income groups, and densely populated areas.”

Posted January 29, 2015

 

Source: Howard University Center on Race and Wealth

 

 

The Economic Impact of Payday Lending in Economically Vulnerable Communities

The Economic Impact of Payday Lending in Economically Vulnerable Communities Download Resource