The “system” Williams is talking about is the payday lending industry, providers of short-term, small-dollar loans with annualized percentage interest rates that can exceed 400 percent.

Sponsor Message Rivlin goes behind the scenes of the payday lending industry in his new book Broke, USA, which examines the $33 billion-a-year "poverty industry." Rivlin, who attended an annual ...

But such lending is happening. And it is gaining popularity. India has been introduced to the concept of payday loans in recent years. These are ultra short-term, unsecured and (very) high ...

A BBC documentary has uncovered the truth behind the controversial lending companies known as payday loans and what ... Young, British and Broke is on BBC3 at 9pm tonight (Tuesday).