Payday loans must be paid or extended for a small charge prior to or on the borrower’s payday. The total sum of the loan will be outstanding the next payday. If the borrower is not capable to pay back the loan on his or her payday, then the loan must be renewed for a cost of 50 or 60 dollars that does not go on the balance of the loan. Laws pertaining to the collection of cash loan debts vary from state to state, but in the majority cases borrowers find themselves without cash to shield any left over expenses involving paydays. As a consequence, many borrower’s find themselves acquiring extra debt to in an effort to fulfill the first payday loan.