In Missouri, you will find 958 more payday loan providers than you will find McDonaldвЂ™s restaurants as payday advances are becoming an element of the landscape that is economic
The lower the income that is regional the more payday loan facilities you will discover. Photograph: Alamy
The lower the local earnings, the more payday loan facilities you'll find. Photograph: Alamy
Final modified on Sat 9 May 2015 20.23 BST
I will be driving down Route 180 in St Louis, Missouri, past empty plazas and vacant stores, down a stretch of road that terminates in an abandoned shopping mall. Yet with this road are promises of wide range: вЂњLoans as much as $10,000вЂќ, claims one indication. вЂњAdvances as much as $500вЂќ claims another. In comparison to the faded stores surrounding them, these brand brand new storefronts are cheerful, embellished with images of flowers or gold or even the US banner.