Pay Day Loan Scam
These High Interest Rates Are Illegal In NY & NJ
Updated: Monday, 28 Sep 2009, 11:10 AM EDT
Published : Friday, 26 Jun 2009, 12:18 PM EDT
June 26, 2009 -- With the economy tanking, some people are
desperate and will do anything for cash.
That includes taking out payday loans.
But these loans can cost you.
They come with interest rates of close to 1-thousand percent!
And they are illegal in our area.
Unit 9 investigator Brenda Flanagan reports.
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