“Hey, Peter.” “Hi, Steve. How are you?” Steve is one of my best friends. It was a Saturday morning, early, not even 7 am. He was lucky to get me, but instead of going to the local bar with a few other friends, including Steve, I had worked late to finish a rush job for my boss.
Payday loans exist because there is a demand for them. These loans are beneficial in difficult situations when people need them. The market for payday loans has gotten so large, that it unintentionally made room for predatory lenders.
“Hi there, Steve. Peter here. How’re things with you?” “Hey, Pete. All good. That was quite a game last night. Did you watch it? Denver Nuggets by a point! All because of that dumb pass by the Chicago Bulls guy.”