Gordon Martinez was a high school band teacher who just needed a quick $500 payday loan between jobs. That debt mushroomed to $4000 after interest. ... "The illusion is, it's easy money. ...

Short on cash? I know a quick and easy way you can get a short-term loan.The catch: The interest rate is 5,000 percent.Doesn't sound like much of bargain, but millions of Americans conduct such ...