What not to do with a payday loan? Shopping for items you don’t even need is a great example of what not to get a low cost payday loan for, but some people still do. If an individual has the income to support the payoff, I guess it is not a horrible idea, but most people do not and that is just a bad financial decision.The economy is in a crisis yet people continue spending. Most people who look to financial loan lenders for help are not looking to head out shopping. There are unexpected bills which need to be paid just to keep the household running. As with any budget, the hard questions of, “Do I want it?” or “Do I need it?” will help to limit needless spending. “Can I afford it?” is another great question to ask yourself. Getting a fast loan to cover a cost of something which you cannot afford to pay back, is not affording the item. If you have to borrow money or use a credit card to make the purchase, you cannot afford the item.Hard questions can continue, especially for those who love to shop and do it often.”Do I already own something similar that could work in its place?” “Could I wait for this item until it goes on sale or until I can save enough to purchase it without help?”"Do I really need it right now?”"Is there a cheaper substitute I can find elsewhere?”"Will I regret buying it after I get home?”Whether or not you need a low cost payday loan or not, excessive shopping can ruin any person’s budget. Practice a little patience. Leave the item on the shelf as you walk around the store asking yourself these questions. Impulsive purchasing will cause problems, if you still want that item a week later and continue to feel as strongly about it as you do, chances are you will end up getting it. Maybe by then there will be a sale, or you might have received your next paycheck so there is no need to borrow money. In fact, if you hold off a bit longer, you may be able to save up enough to cover the costs without having to jeopardize other payments.A payday loan does not guarantee affordability.There are good reasons why someone should apply for a low cost online payday loan. There are many more reasons why someone should not apply for one. Getting help for your finances is a serious matter and why is why a credible lender shouldn’t loan to just anyone. The last thing the company wants is for an individual to destroy future funding for the cost of a short-term loan. Yes, the rates are higher than regular loans, but the risk involved for loaning without credit checks is part of the compromise. A person with bad credit can get financial help, but at a cost. The cost helps offset the risk of the company. Responsible payday loan lenders deny applications that do not fulfill qualification status.