Search the Archive

Consumer Alert ("Payday Lenders") #730872

CBS Evening News for Friday, Jun 13, 2003
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio: John Roberts) Report introduced.

(Atlanta: Mark Strassmann) The business of “payday lenders,” who offer short-term loans for exorbitant interest rates, featured. [Loan victim Patricia HOBBS†- says she’s embarrassed about what happened to her.] [Consumer Federation of America Jean Ann FOX†- says payday lending takes advantage of consumers who have trouble making ends meet.] [Checks Into Cash spokesperson Mearl PURVIS-SMART†- says regulation is important.] [Georgia insurance commissioner John OXENDINE†- says some operators have been shut down.]

Roberts, John;
Strassmann, Mark

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.