Thriving in Utah: pay day loan stores are showing up everywhere

Thriving in Utah: pay day loan stores are showing up everywhere

Cash advance stores are appearing everywhere

  • Megan Pedersen, whom claims lenders that are payday become every-where, has used this always Check City in Taylorsville. Jason Olson, Deseret News morning
  • The payday that is first store starred in Utah in 1984. In 1994, 17 had been within the Salt Lake area. Now, utah has 381 loan that is payday and online lenders licensed within the state. Tom Smart, Deseret News morning
  • Deseret Morning Information graphic

As Megan Pedersen of Midvale struggled with funds, she was tempted constantly by the bright yellowish or green awnings of stores instant that is advertising loans. “It appeared like they certainly were on every part.”

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