Payday Loans

The guests talked about the practice of “payday loans,” in which consumers are offered short-term loans which have the… read more

The guests talked about the practice of “payday loans,” in which consumers are offered short-term loans which have the potential for high interest and fees. The Center for Responsible Lending describes the loans as “predatory” in nature. The Community Financial Services Association says payday loans are used as a tool to meet cashflow shortfalls between paydays. The guests also responded to telephone calls and electronic mail. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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Payday Loans

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Program ID:
196834-5
Category:
Call-In
Format:
Call-In
Location:
Washington, District of Columbia, United States
First Aired:
Mar 24, 2007

Airing Details

  • Mar 24, 2007 | 9:32am EDT | C-SPAN 1
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