I worked at a payday loan place, and sure, if you make decent income and just find yourself short a few hundred bucks for a few days before a payday you can get out okay, but folks who are at the edge, making ends meet just barely...well those folks get trapped in a very difficult cycle of paying back $795 every two weeks and immediately taking out a $700 loan, rinse repeat 7 cycles of that before the payday company will allow for a different repayment plan (still a hard hole to dig out of, but a little less shitty than the standard pay us 795 right now thing you have to do for 7 cycles before the option for escape is even available to you)

It's a gross business, exploitation of human misery.