Be Prompt

If you are unable to repay the loan by your next paycheck, it would be best you contact your loan lender and inform them of your problem.  Usually your lender will discuss with you alternate ways of payment, such as roll over. Regardless of your situation, you will be required to pay back the entire fee. The longer it takes to pay it back, the higher your fee and interest will be. If you are unable to repay back the entire loan, you should try to pay as much as you can possibly afford.  Unfortunately, you may suffer severe consequences which can be harmful to your credit rating and make it impossible for you to take out another payday loan, or a loan anywhere if you fail to meet the agreements with the lender. The payday loan lender can send a collection agency after you. He or she can even sue. Before taking out a payday loan, be sure that you will be able to pay it back.