The main disadvantages of this model are: -

1) Providers of payday loan borrowers may interfere with, if they are not able to repay the loan period.

2) If the lender is not satisfied with your payment policy, it will start increasing interest on you and that can be a bit disappointing from the point of to the borrower.

Most companies take the borrower's payment and search your collection for the tax first. No interest is accepted that, if they are too small and not the brand. This is not to establish good business relationships. On the other hand, if the number of payday lenders is that whenever we started getting calls from which you can configure the borrower under the stress that can adversely affect your health and. Therefore, it is prudent to have a minimum number of credits that can be manipulated from time to time.

It is a healthy practice if not all borrowing. Some payday loan companies are very real hostile in their approach, especially if the borrower cannot repay the loan on time or that the payment was re-registered. We can therefore conclude that we must be very particular about the terms and conditions before going for a payday loan.