We cannot deem exactly, when we will be needing money. The occasion that happens might be bigger and uncontrollable, but at the same time it has to be taken care of. Sometime we can manage such situation with our bank balance, but certain situation will be quite bad they will requires lot of money that may even exceed our bank balance, during such hard money situation; we may consider a lot of options. We would either try to borrow money from relatives or from friends, but this will not work out all the time. On the other hand, you cannot get loans from the bank as it will take at least one week to process as well as you will be requested to submit too many documents. Cheap way to rescue you from this tricky state is to approach payday loans online where you can get cash instantly. The application process is very easy compared to any other loan procedure. As the name says payday loans online, you can apply for these quick cash from your home using internet. Simply fill out the application process online, it would be best for you to prefer payday loans no faxing companies, because with them, you need not send any proof of information by fax. These companies will do all the legwork for you, making the process even simpler one. Since it has been working 24/7, you can apply the loan at anytime either day or night; in fact, I hope no other bank or even your friend would give you money during night time, but you get it from payday loans online. You must be 18 years old to be eligible for a loan, to begin and you need to submit income information from your work place. Then you will be asked very simple questions such as how long you have worked for you company how and when you get paid, and for how much. Some companies will have a requirement as to how long you must be at your present employer before they lend you the loan. However, this usually ranges from just 30 to 60 days, so most people are eligible already. Next step is that supply your checking account information for your company to deposit the loan. . Payday loan companies use encrypted technology to ensure that all your information is sent over a secure connection, so there are no worries as to sending out your personal information. Once you have filled out your personal information such as name, address and social security number, you will receive your money either overnight or within 24 hours.