Numerous borrowers within our test reported going back to payday loan providers frequently.

Numerous borrowers within our test reported going back to payday loan providers frequently.

Amount of loans

As shown in Figure 8, just 29 per cent reported taking right out just one single pay day loan in the last 36 months. Almost as much (23 %) reported taking out fully six or higher loans. Some 37 per cent reported two to five payday advances, while an additional 11 % preferred to not specify.

Figure 8: just how many times would you calculate you have got utilized a loan that is payday the past 36 months? مطالعه بیشتر