Planet Money's Indicator Podcast Does Episode on Payday Loans

NPR’s Planet Money runs a podcast called The Indicator. Yesterday’s episode focuses on the problem of payday lending, looking at the status of federal regulation protecting consumers, the huge demand and need for emergency financial products, and some stories of individuals who have gotten stuck in the debt trap to which payday loans often lead.

If you have a few minutes and are not very familiar with payday loans, give yesterday’s episode a listen here.

As government regulations are introduced, rolled back, and changed, at BetterFi we plan to create a sustainable, quasi-market solution to the specter of predatory lending.

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Spike Hosch