USA Today Cites Southern Bancorp Research on Payday Lending

USA Today cited Southern Bancorp’s recent study of payday lending in Arkansas, Into the Light: A Survey of Arkansas Borrowers Seven Years after State Supreme Court Bans Usurious Payday Lending Rates, in a recent editorial on the Consumer Financial Protection Bureau proposed rules concerning the payday lending industry. The article, Will payday lending rules pay off? Our view, can be accessed here.