Payday Loans: Analyses of Consumers’ Use


Anabelle L. Judd (Editor)

Series: Business Issues, Competition and Entrepreneurship
BISAC: BUS027000

During the past year, the Consumer Financial Protection Bureau (CFPB) has engaged in an in-depth review of short-term small dollar loans, specifically payday loans extended by non-depository institutions and deposit advance products offered by a small, but growing, number of depository institutions to their deposit account customers.

This book summarizes the initial findings of the CFPB’s analysis of payday loans and deposit advances. It describes the features of typical payday loan and deposit advance products; presents initial findings using supervisory data the CFPB has obtained from a number of institutions that provide these products; and presents the results of several analyses of consumers’ use of payday loans. (Imprint: Novinka)

Table of Contents

Table of Contents


Chapter 1 – Payday Loans and Deposit Advance Products (pp. 1-34)
Consumer Financial Protection Bureau

Chapter 2 – Remarks of Richard Cordray, Director, Consumer Financial Protection Bureau. Presented at a field hearing on payday loans (pp. 35-42)

Chapter 3 – CFPB Data Point: Payday Lending (pp. 43-68)
Consumer Financial Protection Bureau


Publish with Nova Science Publishers

We publish over 800 titles annually by leading researchers from around the world. Submit a Book Proposal Now!