"I don’t have a problem with payday loans in principle. If you are a worker without medical insurance and your son Johnny gets sick, and you used your rent money to pay Johnny’s medical bill, and then in turn you find you need an advance on your paycheck, and so you went to the payday lender, and after the next pay period you paid the payday lender back,…fine. But if you are getting 12 payday loans, back to back, well that’s ‘financial crack,’ and I have a problem with that!"

John Hope Bryant

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