Exactly, unless you make the UBI ungarnishable and useless for loans the payday predators will just find a way to drive those dependent into debt until they take all the UBI they can from as many as they can. What % of current homeless will that be?

Still, I hear UBI proponents say that you have to allow loan payments, because otherwise it's not fungible basic income. I disagree and think BI doesn't need financial engineering on top.