Fraud and Abuse Online: Harmful Practices in Internet Payday Lending the Pew Charitable Trusts Susan K
A report from Oct 2014 Report 4 in the Payday Lending in America series Fraud and Abuse Online: Harmful Practices in Internet Payday Lending The Pew Charitable Trusts Susan K. Urahn, executive vice president Travis Plunkett, senior director Project team Nick Bourke, director Alex Horowitz Walter Lake Tara Roche External reviewers The report benefited from the insights and expertise of the following external reviewers: Mike Mokrzycki, independent survey research expert; Nathalie Martin, Frederick M. Hart chair in consumer and clinical law at the University of New Mexico; and Alan M. White, professor of law at the City University of New York. These experts have found the report’s approach and methodology to be sound. Although they have reviewed the report, neither they nor their organizations necessarily endorse its findings or conclusions. Acknowledgments The small-dollar loans project thanks Pew staff members Steven Abbott, Dan Benderly, Hassan Burke, Jennifer V. Doctors, David Merchant, Bernard Ohanian, Andrew Qualls, Mark Wolff, and Laura Woods for providing valuable feedback on the report, and Sara Flood and Adam Rotmil for design and Web support. Many thanks also to our other former and current colleagues who made this work possible. In addition, we would like to thank the Better Business Bureau for its data and Tom Feltner of the Consumer Federation of America for his comments. Finally, thanks to the small-dollar loan borrowers who participated in our survey and focus groups and to the many people who helped us put those groups together. For further information, please visit: pewtrusts.org/small-loans 2 Cover photo credits: 1 3 1.
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