Cash Loans - The Real Dangers Of 'Fast Money' & How Payday Loans Are Predatory

You may have seen the ads on TV - 'have you ever had to pay a bill, but it's not payday yet?', or driven by the flashing neon signs that say 'Cash 4 You' or 'Cash Money'. Or maybe you have a memory of you and your family using payday loan services before. No matter our experience, we know they exist - but how do they really work? Today we're exploring the predatory nature of cash loan stores and the real dangers of fast cash.

0:00 What are cash aka payday loans?
1:42 How did this industry come to be?
4:36 How does this system works for the lender?
7:17 What are the predatory dangers for borrowers?
9:43 What's the future of fast money?

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