Check Into Cash

Payday Lenders Exit Arizona -- In Theory at Least

Gary Rivlin | Posted 05.25.2011

Gary Rivlin

Today is the day that the payday lenders are supposed to close up shop in Arizona. But rather than celebrate, consumer advocates are braced for what might be coming next.

Portrait of a Subprime Lender: Allan Jones, Payday King

Gary Rivlin | Posted 05.25.2011

Gary Rivlin

How is it that there are as many payday stores in the country as there are McDonald's and Burger Kings? Part of the answer is that they have become ubiquitous wherever there's a concentration of people barely scraping by.