Predatory Lenders Target Tornado Victims
Few people can easily cope with the financial burden created by natural disasters. And many victims may be tempted by the quick and easy access to cash promised by pay day lenders. In eastern Kentucky, some firms this week launched special marketing efforts that target disaster areas. Among the volunteers helping in the region’s recovery is Skip Little, who’s a financial planner from Berea. Little advises folks to steer clear of the bait.