Payday loans common issues

What does it mean to renew or roll over a payday loan?

What do I need to qualify for a payday loan?

Do I have to put up collateral for a payday loan?

How do I repay a payday loan?

What can I do if I can’t repay my payday loan?

Why did my payday lender charge me a late fee or a non-sufficient funds (NSF) fee?

How can I stop a payday lender from electronically taking money out of my bank or credit union account?

What is an annual percentage rate (APR) and why is it higher than the interest rate for my payday loan?