THE BLOG
05/02/2010 05:12 am ET Updated Dec 06, 2017

Keith Epstein On Legal Loan Sharks Lobbying Furiously Against Payday Loans Crackdown (VIDEO)

Keith Epstein, a senior reporter for the Huffington Post Investigative Fund, appeared on "The Dylan Ratigan Show" on MSNBC this afternoon to discuss the problem of predatory lending via payday loans. This practice can quickly swamp someone in debt since the lenders charge exorbitant interest rates. A furious lobbying effort by these legal loan sharks has stopped Congress from cracking down on this practice.

WATCH:

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