Let’s start with some given information which could surprise you.

Let’s start with some given information which could surprise you.

Who’s the payday loan borrower that is“typical? Here you will find the stats:

  • Significantly more than 60% of pay day loan borrowers are women
  • The age that is average of borrower is 25 to 54
  • The typical annual income is $25,000 to $75,000
  • Borrowers have actually checking records (typically a necessity for the loan)
  • Borrowers are utilized (also a necessity for a financial loan)

Continue reading “Let’s start with some given information which could surprise you.”