CFSI: Know Your Borrower: The Four Need Cases of Small-Dollar Credit Consumers

An increasing number of Americans are turning to nontraditional credit sources for quick access to cash. Every year, an estimated 15 million people access small dollar credit (SDC) products—defined in this report as payday loans, pawn loans, deposit advance loans, auto title loans, and non-bank installment loans—to meet their financial needs. And tens of millions more rely on subprime credit cards, checking account overdrafts, and other expensive forms of credit when their access to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a RiskTech Forum account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: