If you have borrowed money in the past then you may be all too familiar with the sometimes very detailed questions you may have to answer about why you need the money. You may typically find a cash advance payday loan to be completely different.

There may be any number of reasons why you may be interested in a cash advance payday loan.

You may have:

• discovered that your favourite shop has a special two day sale on;
• decided that you’d like to treat your family to a special meal out;
• children who need a seemingly constant supply of new clothes, shoes, sports equipment etc;
• received a larger than expected bill;
• a car that is becoming increasingly temperamental  and really needs the attention of a mechanic;
• discovered that your washing machine or some other household appliance may be on its last legs.

You may not need very much money but with payday still some time away though, you may have limited options about how to deal with any of these situations.

Your circumstances may not be of particular interest to the more traditional type of lender, which is where a cash advance payday loan may be useful.

Payday cash advances are designed to fill a gap in the loans market place for those who are looking to borrow a modest amount of money, perhaps £100-£250, though more may be available, for a short period of time – typically until their next payday.

Payday loans may typically be both fast and easy to obtain and many providers operate online.

There may be a relatively short application to complete and you may find that, to be eligible for one of these cash advances, you may need to:

• have a bank account, which has a bank debit card associated with it;
• live in the UK and have a job which has regular pay dates;
• be over 18 and be looking to borrow an amount that makes sense when viewed against your income and other monthly expenses.

To qualify for a payday loan, you may not need to have a perfect credit record. That’s because, from a lender’s point of view, the lower amount of money equates to lower risk for them. They may still carry out a fast credit check but may not feel that an in-depth investigation of previous credit problems to be necessary. So, bad debt payday loans are available.

If your application is approved, the cash may typically be transferred directly to your account in just a couple of hours and you are free to use it to sort out whatever you need to sort out.

When you next get paid, a debit card transaction may typically be used to repay the amount plus agreed interest and charges – and that’s all there is to a cash advance payday loan.