Because the fees for payday loans are so high, and because of the potential for falling into the payday loan trap of needing to extend your loan time and time again incurring exorbitant fees, you should look at your other alternatives before considering a payday loan, or getting cash loans in general. Certainly, if you have any savings you should tap that first. Do you have a credit card against which you could draw a personal cash advance? Does your employer offer payroll advances that you can pay back through payroll deductions? Do you have friends or family who could spot you some cash until payday? If none of these are alternatives for you, if you really need the money for necessities (not the race track or a new pair of Manolo Blahnik shoes), and if you know you will be able to pay off the loan within the agreed upon time frame, then and only then consider a payday loan.