Short-term loans usually come with a heavy price tag because although they mean that a person can get money quickly, the rates of interest are very high. Find out how interest rates for short-term loans can be as high as 30 percent with help from a portfolio manager in this free video on money management and personal finances.
Expert: Roger Groh
Bio: Roger Groh is the founder of Groh Asset Management.
Filmmaker: Bing Hu