Some say payday loans occupy needed niche; proposed reform could have fallout

Las Vegas has plenty of flashing neon signs, but not all of them are for entertainment purposes — some signal hope for those who partake in a $50 billion-a-year nationwide industry. Instead of flashing “girls, girls, girls,” these signs flash “fast cash.” Industry reform advocates say payday loans are a predatory business despite helping roughly 12 million mostly lower-income people per year.