At least the Wisconsin State Journal recognizes the need for short-term credit and encourages the development of alternatives, but why advocate to kill payday lenders?  If the alternatives created are better, wouldn’t customers naturally use them?  The unfortunate truth is that, in general, credit union alternatives aren’t cheaper and even the FDIC is having a difficult time encouraging banks to undertake small dollar, short-term loans.  Payday lenders stay in business because no one can offer more affordable short term credit.