California rebound can’t thwart high-cost lending

One might think the purported strength of the California economic recovery would translate to fewer folks using various high-cost lenders.
But one example of the divided nature of the economic rebound is seen in Californians’ continued heavy use of relatively expensive forms of borrowings – payday loans and other non-bank deals.
I tossed into my trusty spreadsheet some fresh statistics from the State Department of Business Oversight tracking three key consumer loans frequently used b