The other side of story was laid out by Lydia DePillis in a December 2013 article for the Washington Post titled Your Neighborhood Pawn Shop is Propped Up By Big Banks. It starts:
We usually think of payday lenders, pawn shops, rent-to-own stores and other high-cost loan operations as alternative forms of financing for people who are short of cash. But that's merely a facade: They couldn't operate without billions of dollars in cheap capital from the nation's biggest banks.So it seems all the differently painted doors lead to the same place. The "retail" American credit shopper is getting hit with high fees no matter where he turns.