Payday Loan and Cash Advance Trends
This Personal Loan, Cash Advance, and Payday Loans trend analysis provides an in-depth understanding of how consumers have been behaving from 2004-2009. You will notice that Ohio and Alabama have searched for financial aid online the most, both states having over a 6.0 unemployment rate. Something else to notice is the decline in personal finance searches since 2007, which was when loans had fewer restrictions to lend to consumers. This past year has seen a sharp increase though. Personal finance is not always found in national news but just this year, personal loans have been getting reported on more and more as we see many people struggle with the current economic situation.