Payday loans' costs can get steep

(Chron.com) - With bills mounting, mechanic Norman Jacko reluctantly turned to a payday lender for relief.


"If I had a choice, I wouldn't do it," the 50-year-old said, as he signed off on a second loan in as many weeks. "The job right now is just not cutting the mustard. You gotta do what you gotta do." More...