Because of this agglomeration, payday loaning saturates black and Latino areas.

3rd November 2021

Because of this agglomeration, payday loaning saturates black and Latino areas. A recently available state group actions document checked payday credit in five big Midwestern spots. They found out that neighborhoods with high concentrations of black and Latino people experienced on average twelve payday lenders inside a three-mile distance, compared with only 4.6 payday lenders…
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