'Pay Day' Mayday! Bankers bait Brits into debt trap

With the EU deluged in debt, it's not only governments looking for crisis cash. As bank credit dries up for those in desperate need, companies providing so-called pay-day loans are booming, offering money - but at a very high price. As RT's Laura Smith reports, short-term funds often lead to long-term debt. RT on Twitter: http://twitter.com/RT_com RT on Facebook: http://www.facebook.com/RTnews