Get the Facts: Research & Reports
Many prominent researchers have examined the payday advance industry. To help broaden public knowledge of the industry, CFSA has compiled findings from a number of independent research organizations. In this section, you will find data on many aspects of the payday advance industry, including market demand, customer demographics, and comparisons between the payday advance service and other market alternatives.
Questions about data presented at this site can be directed to CFSA at cfsa@multistate.com, or the independent research firm that conducted the study.
Latest Research Study or Report
Consumers Prefer Payday Loans to Cover Small-Dollar Expenses
Restricting Payday Loans Harms Consumers
IHS Global Insight Conducts Payday Lending Economic Impact Survey
CFSA's response to CRL report, "Predatory Profiling" (PDF)
FDIC Survey on Bank Efforts to Serve the Unbanked and Underbanked
Federal Reserve Board Survey Looks at Changes in U.S. Family Finances
Consumers Pay More in Late Fees and Payment Penalties
Payday Lending Does not Lead to Bankruptcy; No evidence of "Cycle of Debt"
2008 Fee Analysis of Bank and Credit Union Non-Sufficient Funds and Overdraft Protection Programs
First-of-Its-Kind FDIC Study Looks at Fees and Customer Usage of Bank Overdraft Programs
Research Findings by Topic
Customer Demand, Demographics and Satisfaction
