Nobody is denying people credit. Payday loans are predatory and perpetuate poverty instead of helping to solve it. It would be great if they were transparent and didn’t try to rob you in the process, but that’s just not how they work.
If you need short term access to money, say for a week or two to pay rent or bills before a paycheck comes in, where would you get it?
It’s not like there are lenders serving these demographics that don’t do whatever you think payday lenders are doing wrong.
The majority of lenders would not give loans to people who could not afford them.
In theory, sure, not in practice.
Come again? What is it that I’m saying they do? Do you even know what payday lenders do and how they make their money? If you did, you wouldn’t defend them.