This article paints a comprehensive picture of the problem with payday lenders: these quick cash advances are a short term solution to a long term money issue. Most people are familiar with the 20,000 storefront locations in over 33 states offering payday loans, but now payday loans are even available from banks in the majority of states or, in some cases, online. Read personal stories of the trauma experienced with payday lenders here, despite changes in laws and regulations since the financial crisis.