Most of us have needed additional cash at one time or another for unexpected expenses such as medical bills or car repairs. Payday and auto-title loans are a quick solution to make ends meet in a bind, yet they usually come at a high cost. You will see these loan storefronts most typically in lower-income neighborhoods. And there's a reason for that. Payday and auto-title lenders often target low-income areas because that's where consumers don't usually have emergency savings; they're living paycheck to paycheck.

This episode highlights how this issue affects families who find themselves in a crisis and showcases an initiative that provides an alternative to payday and auto-title loans called the Community Loan Center.