Payday loans are designed to be short term loans, something to hold you over until your next payday. They’re generally due 14 days later, or when you get paid next. After something happens and your bank account takes a hit, a payday advance loan can be used to replenish lost funds and help you to take care of things on time. By making the payments on time, you can ensure that your credit score doesn’t take a hit. There is a small fee for getting a payday advance loan, but that fee is easily offset by the fact that you’re not only helping your credit score, but also saving money in interest and late fees. If a payment is due on a credit card that’s near the account limit, not only will you be saving in late fees but possibly on over limit fees as well. Also, think of your bank account.