Financial Matters: Payday lending

PORTSMOUTH, Va. (WVBT) - Do you find yourself strapped for cash, especially during the holiday season? Watch out for the pitfalls of payday lending.

Jeff McGlohn, Branch Manager for BayPort's Denbigh Branch, tells us why those ads for fast cash are not the best answer.

For more information on payday loan tactics visit BayPort Credit Union at www.bayportcu.org .