Payday loans are not meant being long term, as I discussed above. Do some comparison looking for the best cash loans. Perhaps you had emergent medical treatment that always be be compensated for? It is always important to use the Internet to research any loan business thoroughly before agreeing to do business with them. Some payday lenders are using unscrupulous practices to scam customers. It's well worth your time to verify that a potential lender is actually on the level before you contact them. Being aware of your loan repayment date is important to ensure you repay your loan on time. If you are late repaying your loan, you can end up paying a lot of money in fees, putting you further in debt. It is imperative that you repay your cash advance in full before its due date. Do not assume that getting your loan money is the end of your current situation. The typical payday loan not only features high interest rates, it is also loaded down with very nasty penalties that can sting you if you are not vigilant about repaying it properly. Setting any of these off can get a snowball going that winds up being your next emergency. Reasons to obtain a cash advance loan might include medical expenses, bills that are due before your next payday, car repairs and other sudden, urgent needs. These loans are not recommended for frivolous things, although you can get one for whatever reason suits you. The reason that I don't recommend getting one for a shopping trip is because the rates you pay are much higher than traditional loans if the cash advance loan is extended past the typical 2-4 weeks. As was mentioned before, they usually offer extensions. If you are on the fence about nearme loans or any other typical payday loan interest rates website then you need to research more. The reason that taking extensions is not a good idea is because you will be paying severe compounding typical payday loan interest rates and fees. It can really add up fast if you are not careful. Ask your creditors for more time to pay your bills. Find out what they will charge for that service - as a late charge, an additional finance charge or a higher interest rate. When you apply for a payday advance loan through the Internet, you need not worry about your credit score, because it will not be checked. The reason for this is because many people need this cash fast and without any sort of hassle. This type of loan can be used to pay bank overdrafts, avoid bounced checks or even cover a small hospital visit. If you need cash quick and have no other means of obtaining it, then this loan is for you. If you need a small amount of money quickly and will have the funds to repay it within 14-31 days, payday loans are an excellent source for that money. Just remember that to get these loans you need to be over 18 and a U.S. citizen. You also need to have a job for 6 or more months and make more than $1,000 per month. If this is the case, then a fax-free payday loan is the right choice for you.