FINANCIAL ENTRAPMENT

Commercial payday loans and cash advances have been deemed loansharking in 13 states. Yet these companies still thrive. On this episode we unveil the true cost of these loans in layman's terms, the disastrous effects they have on individuals and communities they target. See how people find themselves financially trapped and strapped by these services. We discuss alternative financing options,and personal finance reform that are more comfortable alternatives. Also the true cost of renting to own, and the true outcome of "debt repairing" credit cards. All on this episode.