Pew's Safe Small-Dollar Loans Research Project focuses on conducting research that demonstrates the needs, perceptions, and motivations of consumers, as well as the impacts of market practices and potential regulations. Based on this research, the project puts forth policy recommendations designed to protect consumers from harmful practices and promote safe and transparent small-dollar credit.
Research & Analysis
This report, the fourth in Pew’s Payday Lending in America series, examines Internet-based payday loans and finds that lender practices often have serious detrimental effects on consumers. Read More
Storefront payday loans are available in 36 states. Borrowers in some of them pay twice as much for the same loans that comparable customers get in other states. Read More
On March 26, 2014, Nick Bourke, director of the Pew Safe Small-Dollar Loans Research Project, delivered testimony in front of the Financial Institutions and Consumer Protection Subcommittee. The following is his written comments. Read More