2 Payday Lending and State Regulation Payday lending is widespread. FDIC (2013) estimates that 4.7% of all of the U.S. households have actually at a while utilized payday lending, while Pew Charitable Trusts (2012) places the figure at 5.5% of U.S. adults. In 2005, payday storefronts outnumbered McDonald’s and Starbucks places combined (Graves and Peterson, …