DISQUS

Thank goodness for Doug and Open Market. You guys get it. Payday loans are a personal choice.

Unfortunately you've quoted an inaccurate story. The reporters of the Wall Street Journal article seem to be writing about the payday lending industry but then describe practices of businesses that are NOT payday lenders. Since then editors at the newspaper have admitted that the subject of their article was not the payday lending industry. Licensed payday lenders do not work with other banks to have customers benefit checks deposited into their accounts then transferred to the payday lender (state laws prohibit this practice).