The most common recurring argument about the payday loans would be their fees being cheaper than the bounced checks would be.
Yes, the bounced checks have become a massive problem. The banks fees, which would be very nasty, have become a problem also. The businesses that you would have written your check to would also be able to take actions on your account.
I had classmates that had been banned from ever writing checks at a business after they had written two bad checks in a roll to them in a years time. Much to their annoyance, after many other businesses had learned that their name was on the blacklists, they were not allowing them to write any checks at all to any of the companies that seen this. They always have to use money as their means of paying for any of their transactions.
If you would be living from paycheck to paycheck, your not going to have much of a choice in either bouncing your checks or using the payday loans.
First you will need to find out if there is any way to stretch your checks a little bit further.
You can go online and find many ways for you to live more frugal and there will also be so many more articles that will help you to learn how to live cheaper then you would already be living.
If one idea would not be working you, move onto the very next idea. You will be bound to find something that will help you to get well on your way to living less dependent on these methods.
Once you have figure out just how much effort and time it is going to take for you to save $20 or even $40 from your monthly expenses, you have given yourself the very big incentive to avoiding the fees that would be attached to the bounced checks or even the payday loans.