Payday lending companies get shut down a lot (because they often break the law until try can no longer get away with it). The owners will shut them down, and qu

Payday lending companies get shut down a lot (because they often break the law until try can no longer get away with it). The owners will shut them down, and quicky reopen them as a new company, shedding their legal problems in the process. Wells Fargo doesn't want to shut down and reopen every few years, so they won't give payday loans directly.