“Me, the Other Scott, and Payday Loans” is an article written by Scott Gilmore. It argues that the payday loan interest rate for every one hundred dollars borrowed is unreasonable. This topic is very controversial due to the stereotype that comes along with individuals who require a loan. In my opinion, the fact that there is “a correlation between the number of payday lenders in a neighbourhood and premature morality” is an indication of a concerning issue. Also, in today’s society multiple individuals struggle to make ends meet; therefore, forcing them to resort to payday loans. Subsequently, this should be a manifestation that loan rates should be lower, not a reason for the government to “happily extend the loan for another two weeks”,
