He Took Out 500% APR Payday Loans. Dave Ramsey Says, ‘Teach Your Children, Teach Your Grandchildren, Teach Everyone’s Children To Stay Away’
A man from Allentown, Pennsylvania, found himself drowning in payday loan debt after losing his job, and he called into “The Ramsey Show” hoping for a way out. The result: a tough-love wake-up call from personal finance experts Dave Ramsey and Jade Warshaw. The caller, Alex, explained he owed about $3,500 in payday loans, all … Read more