How much moral distance is there between the Mafia Strongmen who kneecaps the shopkeeper who won't pay out "Protection Money," and the type of mind that recognizes how profitable it is to take advantage of society's most desperate members? I'm talking about these payday mercenaries.
As Ralph Nader and others have pointed out, it's time for postal banking. While this would not alleviate the need for loan-granters, it would make many monetary transactions more affordable.
Second, I think of a group in India that set up a network of MICRO-LOANS. In this system, if a woman needed $25 to buy a loom so that she could make sewn products to feed her family, instead of paying to lease the equipment, she would soon own it.
THAT is how loaning can serve a positive function if it's predecated on the wish to lift others and show basic humane considerations. But the predatory loan-makers are an EVIL lot as are their more sophisticated "financial relatives," the Hedge Fund makers. Look at what they've done to Puerto Rico... turning it into a larger version of Flint, Michigan.
And their cousins in $2000 suits, the European Central Bankers have likewise utilized a similar system of usury (and privation) to turn all of Greece into a financially crippled vassal state.
Power executed by military muscle coupled with power instituted through monetary means together make for all the evils generated by absolute power corrupting absolutely. The results BLEED out all over the world.