With the economy making it difficult for many people to make ends meet at the moment, it can be difficult to wait from paycheck to paycheck. If you have an emergency come out and need some help until payday arrives, an instant payday loan may be an ideal solution. There are a number of benefits to these types of loans; mainly that they are easy to attain, and there is no limit on the number of times that you can use them. One way of obtaining these loans is to go in person to a cash advance or payday loan shop.

When you go in person to take out an instant payday loan, there will be some items that you will be expected to take with you. This process will be the longest the first time that you visit, but if you go back on subsequent visits it will take far less time because they will already have you in their system. You may need to bring at least two past pay checks, a monthly bill that proves your current address, and your official ID. You will most likely need to fill out paperwork that confirms this information, and will ask you more information about your place of work and employment record.

In some cases, you will also need to provide references before you will be allowed to take out an instant payday loan for the first time. The amount that you are allowed to take out will depend on how much you earn, and will not exceed your paycheck. You will also be charged a fee for this transaction. Some cash advance businesses will also ask you to write them a cheque in the full amount of the loan, which they will then cash if you do not pay them back when you are paid. 

Another way to obtain an instant payday loan is through an online lending service. More and more people are turning to online lenders, because they generally require less of your information up front and the process is far speedier.  Another benefit of online lenders is that you are able to compare the fees of different competitors online, to find the best deal for yourself before you have taken out this money. You may not need to provide references or collateral, but merely have a bank account that money can be transferred to for this service.
