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Borrowers that are struggling with cash advance debt should be conscious of their rights under state and federal consumer protection laws, which may provide additional protections against harassment as well as other predatory practices. Payday loans may be more expensive for borrowers that have poor fico scores, as lenders may view them as being a higher risk for default. Payday loans could possibly be more expensive for borrowers who're unemployed or underemployed, as lenders may view them being a higher risk for default. Borrowers that are considering a cash advance should be aware of the potential effect on their credit score and financial well-being, and really should only borrow what they're able to afford to. Payday loans may be more expensive for borrowers who may have no other kinds of credit, as lenders may view them being a higher risk for default. Some payday lenders might require borrowers to supply a copy of their visa and other immigration documentation so that you can approve the credit. Some e-transfer payday loans canada 24/7 lenders may need borrowers to deliver a copy of their insurance policy and other proof of coverage in order to approve the borrowed funds. Borrowers should also compare the rates and fees of multiple lenders before selecting a payday loan. Some payday lenders might require borrowers to sign a binding agreement that includes mandatory arbitration clauses, which might limit the borrower's power to pursue a lawsuit in the event of the dispute.