Every state regulates cheap payday Loan loans differently. Turning to the foundations themselves, they may make issues worse for many if not all the individuals who go to payday lenders for quick cash. Some lenders mean you can make early repayments through bank cards, MoneyGram and Western Union. Another draw back to non-public loans is that if your credit isn’t as much as snuff, you may be saddled with a high-interest rate.