Short Term Lending is Bad for Your Financial Health

President Barak Obama is coming to Birmingham this week with one of the rumored topics to be pay day lending.  Here's an infographic from NerdWallet on the real costs associated with short term loans. 

If you have ever taken a short term loan, share your story with us in the comments below. 

Personal Finance, Money Management, Debt ManagementScott ColeLending, Obama, Debt, Predatory LendingComment