People of color have less wealth than their white counterparts, making them more vulnerable to predatory lending. This, in turn, threatens to further widen the wealth gap.

Research from several states suggests that people of color are disproportionately impacted by 400 percent APR payday lending. An examination of payday lending storefront locations in Maricopa and Pima Counties—in which over three-quarters of Arizona payday lenders are located—reveals a pattern of these stores clustering in communities of color.

A measure on Arizona's November ballot, Proposition 200, would allow payday lenders to continue draining dollars from communities of color by trapping borrowers in high-cost payday loans.

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