Skip to content

Fast Cash and Payday Loans (Page One Economics, Focus on Finance)

Payday loans are convenient and provide FAST cash to cover emergency situations or help pay a borrower’s expenses from one paycheck to the next. But the fee-based structure of payday lending is quite different from a traditional loan, and laws vary among the states. The April 2019 edition of Page One Economics®: Focus on Finance takes a look at the structure and fees that make these loans costly.


This lesson received the 2020 Curriculum Bronze Award of Excellence from the National Association of Economic Educators.
Read more about our award-winning resources »

Search for Related Resources

Audience:   Middle School, High School, College, Consumers
Language:   English
Subjects:   Personal Finance, Career and Technical Education
Resource Types:   Publications, Lessons
Concepts:   Non-Bank Financial Services, Types of Loans, Credit, Lenders/Borrowers, Interest