When you get a payday loan, make paying it back a priority. Defaulting will negatively impact your credit and will reduce your opportunities for loans when the time comes in the future.

Know what you will have to pay in full. While you may not want to wrap your head around all of the numbers, it is best to do so before they begin to accrue. Ask the lender to provide, in writing, every single fee that you’re expected to be responsible for paying. This needs to be received before you file your application. Look at the company’s APR before you take out a loan with them. The APR is very important because this rate is the actual amount you will be paying for the loan.