Early in my marriage, when I had a couple kids and 2 student loans to pay, I was having trouble stretching between pay-checks and used payday loans several time

Early in my marriage, when I had a couple kids and 2 student loans to pay, I was having trouble stretching between pay-checks and used payday loans several times. They are a nightmare, because you are stealing from next month and you have nothing to show for the money spent on fees. It's a black hole when you have limited resources. Saying that, banks are as bad or worse with their $20-$30 per transaction 'convenience' overdraft fees, which, if you lose track, can pile up on one and two dollar debit card purchase. I don't know if I'd go so far to say they don't exist, but I do have a lot of sympathy for the borrowers.