These places need to be closed! All of them! They do no good to anyone! They are traps. I have been there and its not fun to give your whole check to some company because you thought you needed that 500 dollars....If its really urgent find a decent friend or family member to loan it to you. But almost all of these "emergencies" are not emergencies...its just an easy way to get money that alot of people who think they will be able to pay it back next check but cant and end up having to pay twice what you borrowed back or cant pay it back at all and end up worse off than you did before. I think all of the cities need to put a stop to these places. They are worse than loan sharks...what am I talking about? They are sharks.....sharks who pray on people they know cant afford it but lie to them and tell them "everyone" does it and you can afford it.....I should have listened to my voice in my head when it said RUN!!!!

First most people don't understand this topic. First there are checks that check to see how many loans a person has outstanding and second the average loan is only 14 days. Think about this people?

Look at things this way. How much time did your mortgage lender spend to process your loan and they take a between 1/2% and 1% finance fee. Those mortgage brokers are making far more money than the average payday loan employee. You have overhead like the building, employee's time, taxes... You want to borrow $100 and that has reasonable costs associated with it.

These places cater to our illegal alien slave labor workforce.

The problem appears to be with our banking industry, who fail to disipline these parasites, who over charge with obsene rates, preying on the people who can least afford it.
I believe that the banking industry is concerned that if they try to restrict payday lenders interest rates, pressure will be applied to reduce obcene interest rates being charged by banks on credit card purchases.

I agree with Shannon.

These places are just a legal loan shark. The only difference is, instead someone coming to knock you off. They just attack you legally in collections for the rest of your lives for everything you own.

There is a reason that banks won't give funds to people like this. People who used Payday loans don't handle money well, they likely have bad credit to start with.

These places all need to be closed! All they are doing is worsening our already hurt economy.
If people can't go to these places for a quick fix, then maybe they will quit buying homes, cars & things that they can't afford.

Live within your means! Don't go to Payday Loan Centers. If you can't pay your bills, then take a look at your finances and see what really needs to be done to solve the problem. Even if that means moving into a smaller home, or buying a used car instead of a new car!!

I just read the article on Pay Day Lenders, I think it is like gambling myself, I have to agree with the 10:15 am writer I think that we should shut them all down , I would never go to one if I had to , I think that they rip you off, all them time, That is why they need to be shut dow everywhere, Pay Day Loan Centers our a crop out, Let's see if we can all get them closed thourgh Utah County, that would be my 1st thing I would do.

Actually payday loan employee they dont! I had numerous ones out and they never checked to see if I had any of them out at all. Keep telling yourself that so you can sleep at night.