Short-term lending: A neighborhood breakdown

About a week ago, the Denton Record-Chronicle published a series of stories that investigated payday and title lending businesses to determine the impact of their presence in Denton.

Our investigation found payday and title lending locations proliferating in Denton near lower-income neighborhoods.

Most of the storefronts have opened in Denton in the past decade, with 14 of the 39 businesses opening in the past five years and half of those operating in the city a year or less. The investigation also found that less than two-thirds of those storefronts appear to be licensed with the state.

Read the story here - Easy credit flourishes

Click the image below to see a demographic/economic breakdown of the neighborhoods located near payday and title lending locations.

 

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