BBB explains problems payday loans can cause

AM Show

ST. LOUIS – Payday loans have become a way for some people to secure cash when they need it fast, but it can come with a heavy cost and something that can weigh consumers down quickly. So you need to be aware that these lenders usually do not have your best interest in mind.

So with that in mind, Chris Thetford from the Better Business Bureau went over some of the problems that payday loans can cause.

For more information visit the BBB website.

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