Payday loans

They market themselves as a fast, financial fix. But now some players in the payday loan industry are accused of using the pandemic to target distressed and out-of-work consumers. It is a situation that may be a mirror of what happened in the last financial crisis of 2009, when payday lenders were accused of aggressively courting customers who can least…

They market themselves as a fast, financial fix. But now some players in the payday loan industry are accused of using the pandemic to target distressed and out-of-work consumers. NBC 5’s Lisa Parker reports.