What percentage of people use payday loans?

With the cost of living outpacing inflation, quick loans that do not require a credit score can be an enticing tool to fill personal financial gaps, especially for young people. According to a 2018 CNBC survey, nearly 40 percent of 18- to 21-year-olds and 51 percent of Millennials have considered a payday loan.Dec 23, 2019

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