Mistakes Done by the Payday Loan Borrowers

There are millions of payday loan applications sent to the payday lending companies every year. These lenders send billions of dollars to the bank accounts of the borrowers and earn profits from this lent money. Most of the people realize that returning money on time is important and they actually plan it before applying for the loans whereas on the other hand, one hears news every day that people go bankrupt owing to the payday loans.