Behold the evolution of the “payday loan”.… The 2008 global economic disaster was caused by the Big Government-Big Business crony fascism that is killing this country. Big Government mandated Big Banks make millions of home loans everyone knew made zero economic sense - in the name of “lending equity.” To bribe the Big Banks into cooperating, Big Government allowed the Big Banks to make obscene fees on each and every idiotic loan they made - many times the fees they made on mortgages that actually made economic sense.