Payday Loans in the Mountain West, 2022

Authors

Issac Hernandez-Alcaraz, University of Nevada, Las VegasFollow
Vanessa M. Booth, University of Nevada, Las VegasFollow
Katie M. Gilbertson, University of Nevada, Las VegasFollow
Caitlin J. Saladino, Brookings Mountain West & The Lincy InstituteFollow
William E. Brown Jr., Brookings Mountain WestFollow

Document Type

Report

Publication Date

12-7-2022

Publication Title

Economic Development & Workforce Fact Sheet No. 55

Publisher

The Lincy Institute and Brookings Mountain West

First page number:

1

Last page number:

2

Abstract

This fact sheet examines data on payday loans, produced by the Pew Charitable Trusts. We examine payday lending costs, most common loan type, and the average annual percentage rate in the Mountain West (Arizona, Colorado, Nevada, New Mexico, and Utah), and include specific analysis on differences between the states by regulatory category.

Keywords

Mountain West; Loans; Single-payment loan; Installment loan; Consumer protections

Disciplines

Business Analytics | Economic Policy | Finance and Financial Management | Public Policy

File Format

pdf

File Size

96 KB

Language

English

Publisher Citation

Hernandez-Alcaraz, I., Booth, V.M., Gilbertson, K.M., Saladino, C.J., Brown, W.E. (2022). Payday Loans in the Mountain West, 2022. The Data Hub at The Lincy Institute and Brookings Mountain West. Economic Development & Workforce Fact Sheet No. 55, 1-2.

Repository Citation

Hernandez-Alcaraz, I., Booth, V. M., Gilbertson, K. M., Saladino, C. J., Brown, W. E. (2022). Payday Loans in the Mountain West, 2022. Economic Development & Workforce Fact Sheet No. 55 1-2.
Available at: https://digitalscholarship.unlv.edu/bmw_lincy_econdev/56