PAYDAY LENDING - THE MUSICAL (CLIP 1)
Get this video and more at MySpace.com
PAYDAY LENDING - THE MUSICAL (CLIP 2)
CLICK HERE TO DOWNLOAD THE FULL VERSION OF PAYDAY LENDING - THE MUSICAL (9 MIN)
Payday lending, paycheck advance by any other name,
Delayed deposit, payday advance, it’s all the same game.
Use it once to get an emergency loan,
Pay it back, get on track, and then leave them alone.
The trouble comes when you start to repeat the borrow,
Roll over the loan, promise to pay it tomorrow.
These back-to-back transactions get you in a rut,
The fees keep mounting, and you never catch up.
Back to back, deeper and deeper,
You’re always being chased by the cash money reaper.
Deeper and deeper, back to back,
Beware of these lenders (payday loans!) to avoid a shark attack.
For More Truth about Payday Loans,
visit these sites:
www.cra-nc.org - The Truth About Payday Lending
PaydayLoanInfo.org - Real info on how payday loans work and alternatives to using them
Too Much Month at the End of the Paycheck - A book that shares stories of individuals caught in payday loans
www.responsiblelending.org - The Victims of Payday Lending
If you need advice about payday loans or other debt, contact a consumer credit counseling agency in your area by calling 1-800-388-2227 or go to www.debtadvice.org.