What do title loans, payday loan stores, and predatory apartment towing have in common? They're not just businesses; they're systems designed to profit from financial desperation. In this episode, Dewuan pulls back the curtain on how these operations work, using his own costly mistakes as a lesson. He reveals the brutal long-term math that keeps people stuck in a cycle of debt and makes a powerful case for why paying a small late fee is often a far smarter financial move than taking a "quick cash" loan. This isn't about shame—it's about awareness. Learn how to identify these traps and protect your wallet and your peace of mind.
📱 FOLLOW THE BROKE SPOKERS PODCAST:
Instagram: @BrokeSpokers - YouTube: @BrokeSpokers
TikTok: @Broke.Spokers
Dec 3 202516 Min.