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How Millennials Are Getting Hooked on Payday Loans and Pawnshops

According to a joint study by Pricewaterhouse Coopers, or PwC, and George Washington University, 28 percent of college-educated millennials (ages 23–35) have used payday loans and pawn shops to secure short-term financing over the last five years. As reported in a January 7 article from Reuters, these millennials defy the stereotype of the alternate credit… Read More »