Young Adults Are Payday Lenders’ Latest Prey. Payday advances have traditionally been marketed as an instant and way that is easy individuals to access money between paychecks.

Payday advances have actually very long been marketed as an instant and effortless means for visitors to access money between paychecks. Today, there are about 23,000 payday lenders—twice how many McDonald’s restaurants into the United States—across the united states. While payday loan providers target plenty different Americans, they tend to pursue usually susceptible populations.