John Oliver on Payday Loans

I had a friend who got trapped in the repeating cycle that payday loans can become. And working in the email industry has exposed me to a lot of bad actors sending tons and tons of spam trying to induce consumers to apply for loans (or more loans). So I knew most of this stuff about payday loans and the companies behind them already. But if you don't already know all about these things, John Oliver's got you covered, with an epic sixteen minute overview from his show Last Week Tonight.