Sentences with phrase «payday loan outstanding»

Our Joe Debtor study found that 38 % of insolvent millennials between the ages of 18 and 29 had at least one payday loan outstanding at the time of their insolvency.

The average number of payday loans outstanding at the time of insolvency declined to 3.2 in 2017, after peaking at 3.5 loans in 2014.

Payday loan borrowers with a monthly income over $ 4,000 have an average of 3.6 payday loans outstanding, while debtors with incomes between $ 1,001 and $ 2,000 have 3.1 loans at the time of their insolvency.

Not exact matches

Based on an analysis of 6,000 of our own clients from 2013 - 14, the average client owed more than $ 2,700 on 3.5 outstanding payday loans.

One estimate said the payday loan industry alone had $ 2 billion worth of loans outstanding in 2014, and internal company estimates say the total value of the non-prime lending market in Canada is $ 165 billion.

Whether you are looking for a mortgage, payday loan, car loan or debt help... Washington's economy is outstanding.

We commissioned (at our cost) a Harris Poll survey about payday loan usage in Ontario, and we discovered that, for Ontario residents, 83 % of payday loan users had other outstanding loans at the time of their last payday loan, and 72 % of payday loan users explored a loan from another source at the time they took out a payday / short term loan.

Here's a statistic they didn't mention: 12 % of people who go bankrupt owe money on a payday loan, and when they go bankrupt they have an average of three loans outstanding with a total amount owing of almost $ 2,500 on payday loans.

Among all age groups, seniors had the highest total payday loan debts outstanding at $ 3,593, an amount equivalent to 158 % of their monthly take - home income.

Our study shows that 11 % of seniors carry at least one payday loan with the average being 3.1 loans outstanding.

Cash advance or payday loan companies do not pull your credit, but rather pull Teletrack to see if you have an outstanding debt with similar companies.

All the hassles withstanding, a brick and mortar cash loan store has some outstanding characteristics over the online payday loans direct lender.

If you can repay the outstanding balance in full, then it is better to opt for payday loan consolidation since it can help you increase your score.

State laws permit you to have two outstanding payday loans at a time.

You will face friendly service, outstanding reputation, affordable payday loan terms, and other tempting options if you apply to NorthLoans.ca!

This can add up to significant savings and makes the option especially attractive if you have several outstanding high - interest debts (e.g. credit cards, payday loans, etc.).