First of all, most of the Internet payday loan lenders are illegal. Doesn't mean they can't operate because many are operating and loaning money and reaping the rewards from customers that did not read the fine print. The first thing that anybody should do when deciding on a Internet payday loan company is to see if they are legitimate. Verify that the company you are about to take a payday loan from is Authorized to do business in your state. Very few states have payday loan laws where the loan company is licensed in the state where they reside, then there license transfers over and allows them to do business in your state. Again very few states have this law/rule. Most states like mine require that any Internet payday loan company must first register and become license to operate such a business. The fees/interest charged on those loans also very from state to state.