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In most cases, the payday lender will deposit money in your bank account or give you cash. However, in some cases, the payday lender may ask you to take the loan on a prepaid card.

It may cost extra to activate and use the card. Paying back a payday loan. Some payday lenders require you to repay your loan discover personal loans hardship the same location where you got your loan. Make sure you understand the agreement. The payday lender will ask you to sign an agreement that shows your loan costs, including interest, fees and the due date. Read this document carefully before signing it.

Ask the payday lender about anything you dont understand.

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