- To get a safe payday loan, try checking with the Better Business Bureau (BBB) . Find out the previous lending history of the company and look for any consumer complaints.
- The offer agreement should be written in a lucid, easy-to-understand language. It should comply with The Federal Truth in Lending Act giving details like the loan amount, rate of interest, loan fee and various other additional costs.
Here are some of the things that you should keep in mind before taking out a payday loan from a lender: