I have obtained a payday cash loan from time to time when my finances are running low.  Now, I know that these usually are not the best options in terms of getting money that I need, but I am not here for a lecture.  Usually I only use them if I have a short term money crunch and I pay them off as quickly as possible.

It was not until recently that I learned that there can be some payday loan legal issues.  I was unaware that the laws on the maximum interest rates and fees that you can pay on your loan.  They are in place to essentially protect you from being ripped off and taken advantage of.

These laws are usually easy to keep track of, but be sure you know that they vary state to state.  Not all payday loans are created equal, and before you get one, be sure you know your legal rights - or you may end up getting taken advantage of.