Aftereffects of pandemic might reverse trend, nevertheless

The rise in popularity of payday financing in Washington state happens to be decreasing steadily, in accordance with information released in from the Washington state Department of Financial Institutions’ 2019 Payday Lending Report august.

Even though the events of 2020 could reverse that trend, brick-and-mortar lenders here continue steadily to face pressures from online payday lenders and a moving landscape that is regulatory.

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