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Citation, please.

http://www.pewtrusts.org/en/multimedia/data-visualizations/2...

> 70% of payday loans are used for predictable, recurring expenses.

Even if that unsourced figure is correct, it doesn't really address the issue: if they aren't used to deal with "I was short because my pay was lower than normal this week", Even wouldn't help. That's its a predictable, recurring expense doesn't mean that its not a recurring pattern of timeshifting a mismatch between income and expense, rather than dealing with irregular income patterns.

Even (at best) deals with irregular income patterns, but nothing else.

You are correct, we solve irregular income patterns and nothing else. Still workin on dat perpetual motion machine.