17 March 2008
If payday is too far away, and you need a small amount of money fast, then you can get almost instant cash with a payday loan.
Also known as cash advance loans, with a payday loan you could borrow up to $600 within 60 minutes for a lender such as Cash Doctors. It isn't quite an instant loan, but considering how quickly the money could be in your account, it might as well be. All it takes is a quick application that may take you three or four minutes, and then the details are confirmed with your paymaster. No need to submit inconvenient paperwork, just a fast online application.
The requirements for a payday loan are usually less stringent than a longer term personal loan, but they offer necessary protection to both you and the lender. You will need a disposable income after taking into account your rent or mortgage repayments of over a certain amount, as well as being employed for more than three months. If you are self-employed, sadly you will not be accepted for a payday loan.
For more information on some reliable payday loan lenders, please visit our payday loans page for a near instant loan in your lunch break.