Payday lenders across America charge exorbitant rates, capturing borrowers in debt traps

The map below shows the average interest rates that payday lenders charge for a $300 1-month loan.

14 states and DC have introduced restrictive rules that have either outlawed or effectively outlawed payday lenders. These regions are gray. 2021

Map: Jeremy Ney @AmericanInequality Source: Center for Responsible Lending Get the data