**SPOILERS** With a major heatwave hitting the city office worker Eddie Lang, Chester Morris, want's to take his wife Mary, Helen Mack, and two young children to the country for the week vacation that's coming him from his employer Rushmore inc.
Needing a cash advance Eddie is steered to this loan shark Richard Farra, Leo Corrillo, by one of his friends Al Anslie, John Gallaudet, who secretly works for Farra in getting him new suckers or customers. As things turn out the $50,00 that Farra, through a local candy store owner, loaned Eddie had a 20% interest-or vig-thatched on to it! The 20% vig was not just annually or even monthly but weekly! This means by the end of the year with Eddie paying $10.00 a week in paying off Farra's loan he'll end up paying an astounding $520.00! That amounts to some 1,000% over what Farra loaned him!
Realizing he's way over his head in paying his entire weekly saleary,$10.00, to Farra just to keep it above water Eddie tries to pay just $2.00 weekly until the loan is paid off. This leads to Eddie and his family getting threatened with psychical violence by Farra's hoods if he doesn't pay up! Desperate Eddie robs his office to make his weekly loan payment which has him being fired, or laid off, from his job after confessing his crime, and paying back the stolen money, to his very understanding boss B.G Wilson, Willis Clark. Moving to a cheaper apartment and getting a new job at the US Government sponsored W.P.A. Eddie finally thought he was through with Farra and his debt collectors! As things turned out Eddie troubles with the loan shark was just beginning!
***SPOILERS*** Shocking expose of the brutal loan shark racket and how it turns decent and law abiding citizens like Eddie Lang into desperate criminals! Eddie finally realizes that the only way to get Farra off his and his family's backs is go to the D.A's office and turn evidence against him. The trouble is that to get Farra Eddie and the D.A. will have to find a link in the Farra crime syndicate that's close enough to both finger and turn states evidence against him! Eddie who doesn't consider himself to be any kind hero becomes one by, with Farra ordering a hit on him, setting himself up as a target for Farra's hoods. Who in the end warn't that loyal to their boss to go to the eclectic chair for a murder he ordered them to commit!