Having financial difficulties are they, then good, a nice bit of Karma to my mind they have preyed upon others having problems to finance their own greed. I hope they go under and any of the similar loan sharks.
There are dozens of other short term/Payday loan companies in existence, and that fact is an indication of the demand - large numbers of people depend on loans like these, thinking they will help to get them out of financial difficulties.
Take away the loan companies (and they exist in all countries) and you simply transfer the problem - people turn to the State for help, or descend into petty crime.
It's one of those problems without an answer. Society provides support for those who are living in genuine poverty, but it isn't enough - taxpayers don't react well to tax increases for any reason, and there's a general feeling in some sections of the community that goes 'they got themselves into this mess, let them work to get themselves out of it'.
I've never had a credit card and also know that i am lucky to have close family to help me out when I need some financial assistance but - who pays back the money to loan companies when someone dies with large sums of money still owing?
btw, my mum and dad used hire purchase cos they struggled to bring up 5 children. Remember 'em paying Radio Rentals about ten bob a week so's we could watch the telly as they couldn't afford a new one.