Chart 1
Almost All Payday Loans Amount to Less Than $500 in Size
Size of most
recent new advance
Percent of
Respondents
$100 or less
7.0
$101-200
27.3
$201-300
45.4
$301-400
8.9
$401-500
9.2
More than $500
2.2
Source: Elliehausen and Lawrence (2001)