So, most people look at payday loans as an evil, horrible thing. Others think that it's acceptable to use a loan every now and then if you're in a tight spot. Some use payday loans constantly and are always taking out a new one as soon as they pay off the last. What is your take on this? I think it's best to avoid them. It's obviously a "scam," even if it is a legal one (which it isn't in many states.) The interest rates are ridiculous and it's easy to get yourself in a lot of trouble. HOWEVER, I can see why you would need to take one out for certain situations. I mean, if you're on the verge of getting evicted or having your power disconnected, taking out the loan can be cheaper than handling all of the associated costs. Plus, it can save a lot of heartache. So, overall, I think they're a bad idea, but I do think there are certain situations in which it's understandable to take out one of these loans. What are your thoughts?