I read an article the other day that said that some regular ol' banks were getting into the payday loan business, only they don't always call it that -- when banks do it, "payday loans" are called "short-term loans" or "microloans," but however you want to slice the rutabaga, it's still a payday loan.
Payday loans, if done correctly, aren't a bad thing. A typical payday loan might be needed because of an unforeseen emergency -- a car breaks down, a hot water heater doesn't do it's job -- and in that case, it's tough to come up with money fast and for only a little while.
Most banks will require that you borrow more than a couple of hundred dollars, and they'll make you wait -- wait while they do credit checks and wait while they check out your background and wait while their underwriters get things underwritten (whatever THAT means!) -- but when you get your payday loan online you can avoid some of the hassle.
And hassle is what you want to avoid, isn't it? You're already having enough hassles -- that's why you need a short-term payday loan. So the new payday loans offered by http://www.paydayloansbitu.com/ may be the right option for you: quick decisions and short verification procedures mean that you can focus on getting your situation corrected and getting on with your life.
I always warn people -- even if you're getting your payday loans online, don't borrow more than you absolutely need, check out the lender and make sure it's a reputable one, and pay the loans back promptly -- those are the same warnings I give anyone borrowing money from anyone.
But payday loans can serve a valuable need, and if used properly open a whole world of financial options to people the banks don't want to help out.