Payday and name loan providers provide an approach to get money fast — put up the name in your vehicle as security and you will get a hundred or so bucks. The catch? The percentage that is annual, or APR, could be extremely high, meaning you get having to pay much more than that which you borrowed.

Utah is home for some regarding the greatest prices in the nation, and a new report from ProPublica details exactly how some individuals whom neglect to keep pace with re payments have online payday loans Delaware residents actually also finished up in prison. KUER’s Caroline Ballard talked with Anjali Tsui, the reporter whom broke the storyline.

This meeting happens to be modified for clarity and length.