Are Payday Loans Ever a Good Idea?

Watch “Facing Suicide“ on @PBS SUPPORT us on PATREON: SUBSCRIBE to Two Cents! In desperate times, it might be tempting to visit a payday lender, but beware! These loans are engineered to keep you trapped in debt for years! Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson, AFC® Directors: Katie Graham & Andrew Matthews Written by: Shanté Nicole Executive Producer: Amanda Fox Produced by: Katie Graham Edited & Animated by: Dano Johnson Fact checker: Yvonne McGreevy Executive in Charge for PBS: Maribel Lopez Director of Programming: Gabrielle Ewing Assistant Director of Programming for PBS: John Campbell Images by: Shutterstock Music by: APM Two Cents is produced by Spotzen for PBS