Payday Lending Is A 30 Billion Industry

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The Unbanking of America author Lisa Servon explains how payday loans exploded in popularity between the years of 2002-2012, growing from $10 billion to $30 billion. • -------------------------------------------------- • Follow BI Video on Twitter: http://bit.ly/1oS68Zs • Follow BI on Facebook: http://bit.ly/1W9Lk0n • Read more: http://www.businessinsider.com/ • -------------------------------------------------- • Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

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