Nowadays, we are increasingly reaching for payday loans, because they can be simpler and faster to obtain than a regular bank loan. Will repayment of payday loans be possible? The procedure for applying for payday loans is simple. Therefore, we get it online without leaving home. Of course, on income statements. At the bank, for larger amounts, you must document your income with a certificate of employment and income or income from your employer. Wait for the final decision. Increasingly, we see ads that the first payday loan is completely free, eg for 30 days “you borrow and give back the same”. Of course, it is different in life and payday loans sometimes the last resort in our household. There comes a time when you have to pay back the borrowed amounts and they start to worry. Installations to be paid are several times higher than our income. You can fall into the payday loans loop very quickly, we take the next payday payday to pay off the first payday and the wheel meshes. Each subsequent one is more expensive, has a high interest rate, commission, and the amount to be donated increases.