PayDay bank sounds nice as it has proper loan issuance protocol and PayDay Card makes it extremely convenient to access ones loaned amount and repay it back.
Honestly, everything related to banks, you need to carefully study the information on the interest on loans and how they will charge interest. In general, the new system of bank loans is a step in the new time of all financial services.
Payday loans are kinda bad though and even banks know that cause they charge literally apeshit levels of interest on them. Like 33% apr at times