Why This Project Matters. The payday lending industry thrives on financial vulnerability. These loans are often marketed as a quick and easy solution to temporary financial hardships, but in reality, they create long-term debt traps. Our mission is to uncover the real cost of these loans, share stories from those affected, and provide resources that empower individuals to make better financial choices. We believe that financial stability should not come at the cost of predatory lending practices. Through research, advocacy, and education, we strive to break the cycle of payday loan dependency and promote stronger consumer protections.
Why This Project Matters. The payday lending industry thrives on financial vulnerability. These loans are often marketed as a quick and easy solution to temporary financial hardships, but in reality, they create long-term debt traps. Our mission is to uncover the real cost of these loans, share stories from those affected, and provide resources that empower individuals to make better financial choices. We believe that financial stability should not come at the cost of predatory lending practices. Through research, advocacy, and education, we strive to break the cycle of payday loan dependency and promote stronger consumer protections.
Why This Project Matters. The payday lending industry thrives on financial vulnerability. These loans are often marketed as a quick and easy solution to temporary financial hardships, but in reality, they create long-term debt traps. Our mission is to uncover the real cost of these loans, share stories from those affected, and provide resources that empower individuals to make better financial choices.
We believe that financial stability should not come at the cost of predatory lending practices. Through research, advocacy, and education, we strive to break the cycle of payday loan dependency and promote stronger consumer protections.