Chicago bankruptcy attorney Rob Semrad of the DebtStoppers debt relief law firm talks about how payday loan stores take your money and keep you in debt. Payday loans are scams to be avoided at all costs. Learn more at the DebtStoppers website – www.debtstoppersusa.com Disclosure: DebtStoppers is a debt relief agency helping people find financial freedom through bankruptcy.

www.kcts9.org “About the Money with Josephine Cheng” Airs Fridays at 7:00 pm on KCTS 9. A rough economy may hurt many businesses, but these are boom times for payday loan companies. How do these companies work and are they good for under-banked consumers? About the Money takes a look at the economics realities to consider before asking for a short-term loan.