Category: Data Point

CFPB data point: Payday lending

Our data point reports are prepared by our Office of Research to provide an evidence-based perspective on consumer financial markets, consumer behavior, and regulations to inform the public discourse. This first data point provides detailed analysis of consumers’ use of payday loans with a focus on loan sequences, the series of loans borrowers often take out following a new loan.

Full report

CFPB data point: Payday lending