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Borrowers should not provide personal or financial information to unsolicited callers or emailers claiming to offer payday loans. Some payday lenders may offer installment loans, that allow borrowers to repay the loan over a extended period of time. Borrowers should only borrow as much as they can afford, and may not rely on pay day loans as a regular supply of credit. Borrowers that are considering a payday advance should be mindful of the potential consequences of default, including law suit and damage on their credit score. Payday loans could possibly be more expensive for borrowers who’ve a history of bankruptcy and other financial difficulties. Payday loans may be more expensive for borrowers that have no credit history or a limited credit score, as lenders may view them being a higher risk for default. Borrowers who are not able to qualify for a traditional loan or credit card may still manage to access other designs of credit, like a secured credit card or a credit builder loan. Some employers may offer salary advances or other styles of emergency help employees in financial need. Some states have implemented stricter regulations on payday lending, in order to protect consumers from predatory practices and excessive fees.