Parents should be more attentive with their children. They should be disciplined and so we are. Credit cards are a landed aristocracy of consumer credit, and are given first tier status; a pedigree that is at this point – let's be honest – dangerous to lend credence to and undeserved. A growing number of studies are starting to show evidence that payday loans are better than credit cards, at least in some ways. The reason why is that payday loans lenders stay competitive because they have to be – because unlike the credit cards industry, they can't buy Congressmen.