re: Just took on a client who took out pay day loans

Payday loans and similar places should have a legal cap on the interest and fees they charge because

1) this is predatory lending, it's immoral

2) not to protect people from themselves, so to speak, but to protect society as a whole. No one is better off getting one of these loans in the long run, except for the predatory lender. I would imagine our society would be better financially as a whole if these didn't exist, from a practical view.

Of course, illegal loan sharks will always be around, but we don't have to legalize and thus endorse their practices