Tue March 13, 2012
Need Fast Cash? Beware Of Triple Digit Interest
Payday loan companies promise you fast cash before your next paycheck. It may seem like a good idea, but a small loan can lead to high interest rates and mountains of debt. Guest host Allison Keyes talks with Washington Post columnist Petula Dvorak who reported on how one man's $1,500 loan could have ended up costing him $18,000.