In Missouri, you will find 958 more payday loan providers than you can find McDonaldвЂ™s restaurants as pay day loans are becoming area of the landscape that is economic
the low the local earnings, the more payday loan facilities there are. Photograph: Alamy
The lower the local earnings, the more payday loan centers you will discover. 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 a abandoned shopping center. Yet with this road are claims of wide range: вЂњLoans as much as $10,000вЂќ, states one indication. вЂњAdvances as much as $500вЂќ claims another. Contrary to the faded merchants surrounding them, these brand new storefronts are cheerful, embellished with images of flowers or gold or the flag that is american.