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Payday Loans: UK Borrower Insights by ChinCelery is a document available to read on EtoBox.

What is Payday Loans: UK Borrower Insights about?

This document summarizes research on payday lending in the UK. It finds that UK payday loan borrowers tend to be younger adults without children, differing from US borrowers who tend to be older with families. The research identified three types of borrowers based on their experiences: long-term negative for those constantly rolling over loans, short-term mixed for those shocked by costs but avoiding future issues, and short-term positive for those paying off loans quickly. The document concludes that an ab

Author

ChinCelery

Language

EN