Topic: Payday loans should be banned
A ban would send a strong message that better business practices are needed.
A government ban on payday loans is the only way to protect those most vulnerable.
a payday loan company serves the public.  they allow people that need their money now without waiting for the paycheck.  if people want to use these companies why should we stop them..
a payday loan may be the only means a needy person has to cover an immediate financial crisis.
a payday loan provides an essential lending service that normal lenders simply do not provide and when used properly are quite effective.
a person should be able to access payday loans in circumstances of emergency when all other options are nonresistant.
as long as the terms are clearly stated, people that don't usually have access to credit should be allowed to use this option if needed.
Aside from the obvious harmful financial impacts of payday loans, these loans have also been shown to have hugely detrimental impacts on mental health and well-being of loan recipients.
banning payday loans cuts vulnerable people off from one of the only financial avenues available to them.
Banning payday loans would force the government to investigate other, better solutions to temporary financial need.
Banning violates a person's right to freedom of choice.
because of the  high interest rates these loans  can cause financial ruin for those that take them out. a small loan can escalate into a big debt if the loan take is unable to afford the repayments.
by prohibiting these loans, people are forced to ask for credits at banks and have to pay in installments.
cash advances give certain employees an unfair advantage, and it doesnt hold them accountable.
customers have access to a financial option designed to cover small expenses that arise often and are unexpected should not be eliminated
each individual is free to agree economically with whoever they want and the state should not interfere in that process
for some people pay day loans are a vital form of loan when they need it most and can’t get help from other sources.
for some people the option to access credit from a payday loan lender is a lifeline, it can be used responsibly for a short stop-gap to cover an unexpected expense
for some people who are in a desperate situation, payday loans are the only option and shouldn’t be taken away because then people would have tor resort to stealing/other illegal means of obtaining the money.
for some people, a payday loan is all that keeps them from losing it all.  we cannot remove this vital lifeline.
for some people, payday loans are the only option and taking them away would result in people resorting to illegal actions to obtain money instead.
for some people, they need a one-off loan to see them through the week, and payday loans provide this
for under and unemployed people pay day loans can often be the only way to function from welfare payment to payment, without them people would literally starve. they are a necessary evil.
given proper regulation, payday loans can offer a useful way for people to ease financial strain.