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Finally an article sshowing the actual reason payday loans were ever offered in the first place. Its waaaay cheaper than bank charges.

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This is common knowledge for anyone who has struggled financially: overdrafts are a rip-off. Finally, we’re looking at the causes that create such a high demand for these loans. We’re all living beyond our means, and when the bills come in, when checks bounce, there has to be options to make ends meet.

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This is common sense for anyone who did their homework instead of jumping on the political bandwagon calling for them to be banned. Why are we seeking to further tighten the financial market by driving more businesses out of existence. Weve already lost millions of jobs, we cant afford to lose any more.

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