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A version of this editorial appears in print on December 3, 2013, on page A26 of the New York edition with the headline: Banks as Payday Lenders .

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Daniel Rosenbaum for The New York Times Senator Jeff Merkley, Democrat of Oregon, has introduced legislation to restrict the loans.

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View this document (PDF) Published: February 26, 2013. On February 23, the New York Times published an article describing how some banks enable Internet payday lending.

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Big banks to stop offering payday-like loans - Jan. 21, 2014


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New York Subpoenas Websites To Curb Payday Lending: NYTimes


New York State's financial regulator, Benjamin Lawsky, sent subpoenas to 16 lead generator websites that sell sensitive consumer data to payday

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