Quote:I would've been in trouble without them a few years ago. I had just gone through a foreclosure my credit was in the tank so no Credit Cards, I was only making $10.15 an hour working two part time jobs with a family of 6. We where in a small 2 bedroom duplex barley paycheck to paycheck, there is no family or friends to loan us money. Something came up I had to use payday loans for about 6 months, sure it was expensive but the alternative was don't pay the rent and get evicted?

 

We got through it, the credit is turned around we have a new home we bought last year and financially I'm back on my feet. But taking away what little help there was while I spent my time in the economic slums would've just made the climb back out all that much harder.

 

I do know that some people use it improperly as a means to spend a paycheck before they get it, now that's where they get in trouble. But that's a personal responsibility problem not the institution offering help to low income no credit consumers. Sure as hell won't find banks offering that kind of help.