[gotostatement]

I can see how in the short term it's a positive service - they can now keep their lights on, their water running, etc.

But as a long-term proposition, a permanent adjustment to the status quo, it just feeds into an exploitative system in the same way that loan sharks do. You're filling a gap that should be filled with higher wages, and reducing wages from the most-vulnerable to do so.

[jamiequint]

You're arguing for reducing options for people who don't have money to ... make yourself feel better? Surely them having an option to choose for themselves is better than no option, unless you think you know better than them (which would be pretty arrogant and small-minded of you IMO).

[samstave]

I agree with your sentiments, loan-sharks gunna loan-shark....

Though, if there is a good lining here, its not the retarded interest rates check-cashing and pay-day loan places charge... and thusthis seems a step in the right direction...

Although, I am also reminded of MONDO.COM

YOU CAN DO ANYTHING AT MONDO.COM!

THats what this BSP sounded like...

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I wish them well though.