For many Americans, payday loans simply prolong problems, not erase them
Robert R. Johnson
When they need cash quickly, millions of Americans willingly pay high interest — so steep, in fact, that they're often forced to take out a second loan to pay for the first.
And many keep doing it over and over.
Wuorio, Jeff, "For many Americans, payday loans simply prolong problems, not erase them" (2016). In the News. 1562.