I have 6 payday loans. I took one out for an emergency, and then another to pay for the bills while I payed for the first one, and then.....you get the idea. They are horrible. I intended on paying them back, but after rolling them over 4 times, it has come time to pay the remaining principle on each one.
I have paid the face value of these loans two-fold, and am now scheduled to have nearly $800 withdrawn from my checking account. That is more then my paycheck.