Payday loans aren’t like the kinds of loans you usually see, like car loans or student loans. They’re small dollar amounts, often as small as a few hundred bucks. But they have interest rates as high as 600%. I look into how payday loans got started, how they hurt people, and what we can do about them. 

Music by: Podington Bear

Payday loans aren’t like the kinds of loans you usually see, like car loans or student loans. They’re small dollar amounts, often as small as a few hundred bucks. But they have interest rates as high as 600%. I look into how payday loans got started, how they hurt people, and what we can do about them. Music by: Podington Bear

Payday Loans

When talking about our economy, nightly newscasts only seem to report on the stock market and the unemployment rate. But that doesn’t tell us much about how millions of Americans are getting by. From prison phone rates to the high cost of diapers, Congressman Keith Ellison looks at how the people outside of the billionaire and millionaire class (you know, most of us) engage the economy.

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Payday Loans

Payday Loans