She then checked into all bills she would have to pay in between her upcoming paycheck and one after that. After all, with her next paycheck going to repay payday advance loan, she would need to make sure there was enough money left over to pay her remaining bills. She didn’t want to have to take out another loan after that.

Emily figured out that she would have $300 left over after she paid all bills between now and next month’s paycheck. Living for 40 days on only $300 would be a challenge. But she decided she could do it if she economized. She would bring her lunch to work rather than buy it in cafeteria, and give up going out at night--including un-inviting herself from a co-worker’s upcoming birthday party at neighborhood bar.

She posted notes on her refrigerator, steering wheel, and wallet, reminding herself not to make too many car trips, waste food, or splurge. She made herself goal of reading several books she’d always wanted to read, rather than going out. She got them free from library.

Did Emily’s Payday Advance Loan Plan Succeed?

Fully prepared, Emily took a $1000 cash advance from ABC Loan Company and repaid it on 15th along with a $50 fee. She saved $85 in credit card penalty fees. She also stayed on good side of her landlord, car loan lender, bank, and cellular phone provider.

The experience also brought home to Emily that she was living too close to limits of her paycheck. She realized that she would be better off moving out of her studio apartment, into a room in an apartment of a few friends. She’d also save money on gas by moving closer to work.

Today, Emily is grateful to payday lender for saving her from financial disaster. She’s also proud of herself for being able to stay out of debt trap so many other payday cash advance borrowers get into. She recommends to all her friends that if they ever get a payday loan, they do their homework, just like she did.

Joel Walsh is a regular contributor to Payday Advance Loans : http://www.payday-loan--online.com. Go to Payday Advance Loans for more tips on avoiding high fees on payday loans online.

Beating Online Payday Loan Lenders at Their Own Game: Tips

• Take advantage of no-interest payday loans for new customers, just as long as you are absolutely sure you can pay them back on time or they'll go from free to expensive. After all, biggest risk for any kind of cash advances are enormous fees if you don’t pay on time. If you can avoid paying interest, your problems are mostly solved.
• Make sure your online payday cash advance or loan lender is legit. Check to see whether lender is a member of Better Business Bureau--the site will display logo prominently if business is a member.
• Before you get your payday advance, create a quick budget for how you are going to pay loan when it is due. Take into account any additional bills or expenses that will come up between now and payback day—and between payback day and your next pay check.
• Mark payback due date on your calendar, your computer at home, your computer at work, your cellphone, your refrigerator magnets--you get idea. Online payday loans only become risky and expensive when you don't pay on time.
• Compare lenders' annual interest rates and fees. Make sure you know exact cost of repaying loan so you can make an accurate comparison.

You have to do your research if you want to get a good payday loan, but thanks to internet, it’s easy.

Joel Walsh is a regular contributor to Online Payday Loans : http://www.payday-loan--online.com. Go to Online Payday Loans for tips on getting the best payday advances online.