Economically the whole world is in crises as for many different reasons so the impact of which is good on payday loans because the number to their consumers is increasing day by day because most of the people need instant cash if we see for example a man needing money for repairing his house after an earthquake he shall not want to go through the lengthy bank procedures rather get easy money and pay back but if he doesn’t then he pays high interest which benefits the payday loans lending companies so global crisis makes circumstances to take payday loans.