Ca makes up about 7 per cent of all bank branches and somewhat a lot more than ten percent of all of the payday stores nationwide. A more interesting photo emerges at the county degree. Hawaii has only 1 county without any banking institutions, but 14 counties without any payday financing shops. During the other end of this range, Los Angeles County has the essential banking institutions and payday loan providers, with 2,120 and 521, correspondingly. The specific situation is very various on a per capita basis: in just about online payday WA every county but one, the amount of banking institutions per capita is more than how many payday loan provider shops per capita.
We accumulated demographic and finance that is personal by county to observe how they correlate utilizing the location choices of banking institutions and payday lenders. Continue reading