Applying for payday loans to help with budget failures can often lead to overuse. It is never good practice for a borrower to owe money to several payday loan lenders all at the same time. Between the finance charges and the balances due for each of the loans, your next few paychecks will carry a heavy burden.Credit challenged applicants need to understand that there is a clear difference between owing money to creditors and short-term lenders. A direct lender is not in the revolving account business and unless you deal with a lender who processes installment payday loans, your payment is expected in full including fees by the time you get your next paycheck. With every other household bill and payments to every creditor how much money will you have left? Too often credit challenged folks turn to the short-term loan lenders for food and gas money or to recoup from paying another safe payday loan off. This is a tough cycle to get out of. You have to make on-time payments, so how do you ever get out from under the carpet of debt? One thing for certain is that you cannot get out of debt while still making debt. You have to take a stand against using any more credit cards or fast cash loans to make ends meet.Minimum payments will not get rid of debt any time soon. All it will do is continue to drain your bank account while you dish out finance charges with every payment. It is important to focus on the one loan that costs the most and knock it out of your budget portfolio. It makes the most sense to get rid of high interest rate debt first. This will often point to paying payday loan lenders in storefronts or online first. You may have creditors that charge similar or possibly higher rates, but the short terms on a payday loan make finance charges happen more often. Minimum payments break the bank one small payment at a time. You can’t blame financial woes only on the debt.Creditors will send you a bank statement. Do you open it or place it on the desk to take care of another day? Do you answer the calls from a direct lender? Chances are that they may call you to remind you of your upcoming due date. Unless you have not paid the bill, you don’t have anything to avoid. If you have missed the due date or your payment was returned insufficient funds, it is good to accept their call or read any communications they send. It is always best to make arrangements with the company directly. The last thing you want is debt in default. There will come a point that a borrower’s debt will get sold off to collections. You know those companies that call and send countless emails and letters trying to collect on your debt. Collections agencies are no fun to deal with never mind the damage default debt will do to your credit report. When you get a call from your creditor or direct payday loan lender accept it and work something out. It is much better for you in the long run.Don’t use third party money for the wrong reasons. Extending your purchasing power is not a good enough reason to add debt to you plate. Make sure to leave these options for those emergency moments when unplanned expenses interfere with your budgeted plan. Multiple payments end up not being as convenient as spending the cash in the first place. Think it through and make the smart decision for your budget.