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Payday loan offices have been sprouting up in strip malls and on street corners across America for years before Wall Street collapsed. In these hard times, more people than ever are using payday loans to keep bill collectors at bay. Quick money (at interest rates of around 500% or more) for people with bad credit has been praised by some as a lifeline for the poor and condemned by others as a money trap exploiting families in crisis. Several states have passed laws limiting interest rates, but there is one marketplace that seems to recognize no borders — the Internet.

ANP videographer Lagan Sebert has been tracing the many ways Americans have been ringing up record debt. For this story, Sebert first staked out a conference on Capitol Hill where online payday lenders and lobbyists honed their arguments to Congress against reform; then he traveled to a small town near the Virginia-North Carolina border to learn about the experiences of a man who one day googled “bad credit loans” and soon found himself in more trouble than he bargained for.

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