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Freedom cash lenders account Single-payment loans continue to be issued in 27 states, and lenders have tended to maintain them as the dominant product offering in states where it is legal to do so. For instance, they are the most common type of payday loan offered in 22 of those states and the only one offered in 13 of them. (See Figure 1.) In nine of those 22 states, lenders also offer payday installment loans or high-rate lines of credit, but they typically issue fewer of those than of single-payment loans. For example, from July 2020 to June 2025, Florida lenders originated approximately 3 million single-payment payday loans, but just 600,000 payday installment loans Freedom cash lenders account.

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