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Grade 9-12
,
Article

Payday Loan Statistics: Easy Cash or Bad Bargain?

Time: 15 mins,
Updated: April 8 2020,

Objective

Students will be able to:

  • Better understand payday loans and the pitfalls they typically lead to.

Standards

Concepts

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In this economics article, students will understand loans and how to avoid or best handle them.

Description

ChamberofCommerce.org created this free resource on the latest payday loan statistics and tips, hopefully aiming to help others understand the predatory nature of these loans and how to avoid or best handle them.

Subjects:
Economics