Many families are feeling the financial pinch, and others are using this opportunity to make a lot of money.
Brian Doyle, of Doyle Salewski, talks about Loan scams and payday loan companies who are stepping up their game.
Doyle says the payday loan people can sign you up for promised short-term relief at interest rates that are through the ceiling.
If you breach your payday loan’s terms, the interest rate you could then be charged can leave earth’s atmosphere behind.
