There are at times ways you can work to avoid using payday advance loans, yet there are some times when your hands just seem tied and you have no other options. Exploring what you can do to best protect yourself and your assets will help you to be sure you are getting the best deal, saving as much money as possible and also getting the money you need when you need it the most. If you take some time to do a bit of research you may discover that avoiding a payday loan is easier than you ever thought. Your first step is if you are trying to get the money to pay a bill ask the creditor if you can have a few additional days until your next check. You might be charged a late fee, but this will typically be much less than the amount that a payday loan will charge you to get the money. This can also allow you to reduce the amount of time you are spending applying for a loan since you are able to just push back bills until you have the money in your hand, rather than trying to get a loan.
An additional option that you have is see if there are any public assistance programs that you qualify for. This is usually a great option if you are either poor or in the very low economic class. While this may not be the method that you most prefer, it is generally money that you are not required to pay back, which can save you a lot of money in the end. If you do not qualify for any of the public assistance programs, there may be some other options available to you in the meantime.
If you have any friends or family who can loan you the money, this will almost always never involve paying any interest. However, be aware that a lot of people get into huge problems and confrontations when friends and family start getting into arguments with money. If possible avoiding this situation is always best, but as a last resort, it is an option that you can and should usually explore. Besides, the amount of time that a family member will usually give you to repay the debt is typically much longer than the amount of time that a payday advance will give you.
A final option that you might have to really consider is ask your bank if they offer overdraft protection. This may not be the perfect solution that it initially appears as though, for example some banks that do offer overdraft protection charge a large amount each time that the protection is used. This amount can be almost if not just as much as the amount for a non-sufficient fund charge. However, there are some other banks that provide this service free or at a reduced rate. If your bank provides this service for free or at a reduced rate then this could be a good option to explore, which would allow you to repay the money to the bank for any checks that clear. It is important to understand that this method could get extremely expensive if you are writing numerous checks though.
Regardless of your exact needs, there are times when payday loans might be the best solution for you. Making the decision based upon your specific needs is very important and can help you to ensure you are in complete control over your finances.