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  Peter - I am no defender of these dreadful payday loan companies. I have merely provided some explanation of why the fees translate into such high APRs.
  
  Ross - I really do not see how a misquotion of Mrs T has any relevance. The fact is we are individuals and make our individual choices and that is how it should be. Sometimes good choices, sometimes bad choices but good or bad we should never stop people from having to make those choices. Having made them, good or bad, we then live with the consequences and take the responsibility for them.
  
  Some people will choose designer labels before healthy food and then run to a payday loan company to see them through. They are wrong, they made the wrong choice, their decision. Do you help them by excusing them by being sympathetic, blaming the loan company and saying 'its societies fault' or by telling them not to be so damn stupid, to make better choices and to get their act together. Too much of the former excuses and reinforces bad choices, more of the latter might mean they mend their ways.

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