This documentary talks about the evils of payday loans.
There are payday loans companies listed on ASX. Payday loans companies argue that they provide financing to people who are not supported by banks and other normal finance channels. They do serve a useful role. I think that argument holds strength given that payday loans companies are still prospering which indicates there is a demand for their kind of service.
What do forummers think about payday loans companies? Which are the payday loans companies on ASX besides CCV.AX (Cash Converters)?