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Besides interest, payday lenders charge many other fees. Check with the company to see which of the following also apply: • an administration fee, a processing fee, a verification fee or convenience charges. • a broker's fee. • collection fees. • an early repayment fee. • a set-up fee. • a loan repayment fee or a first-party, 

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Sep 30, 2011 Regulators urge people not to repay illegal online payday loans. Brinkley of the Better Business Bureau says the lenders make it difficult to pay off the loan early. A typical contract will tell the borrower to contact the lender three full business days in advance if you don't want the loan renewed. Vanderhoff