Scott Gamm on Fox News Channel

May 7, 2013


Payday loans are a quick way to raise cash when you’re in a bind. But with an interest rate of 300-500%, there are more cost-effective options out there. Scott Gamm talks about how payday loans cost our economy $1 billion every year in this segment on Fox News Channel:

Tags: Business, Closing Bell, credit card, Facebook, financial services, loan, Payday loan, Roth IRA, scott gamm, twitter

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