But a group that fought payday lenders says it’s not as bad as the industry makes it out to be. Payday lenders say that’s not enough to make it worth staying in business. Now payday lenders do provide other services, such as check cashing, for people who don’t use traditional banks. Credit unions have stepped in to offer loans similar to what payday lenders offer. That means payday lenders will still play a role for people unwilling or unable to use a more traditional financial institution. read more