In poorer neighborhoods, payday loans help people get cash advances on their paychecks. And despite high interest rates, business is booming. An up-close look at payday loans, how they affect cash-strapped communities, and what regulations are being proposed by some states.

Guests

  • Rick Lyke Spokesperson, Financial Service Centers of America (FiSCA)
  • Jim Carr Senior Vice President for Innovation, Research and Technology, Fannie Mae Foundation
  • Jean Ann Fox Director of Consumer Protection, Consumer Federation of America
  • Billy Webster CEO of Advance America Cash Advance Centers

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