I think the reason that the younger generation is turning to alternative lending
is due to their availability, you even stated it yourself banks are not set up
to offer short term lending. These people do not have an established credit
history which would leave them with little option when it comes to finding
financial help, it's no surprise that they turn to payday loans. Complain
about these business' all you want, but they won't be going anywhere
if we do no offer alternatives for people.