Need an easy and quick way to get a cash advance?  Thousands of consumers who find themselves in this situation are turning to "payday loans" to tide them over until they get their paychecks.

If you find yourself in a situation of needing a quick and easy finance via payday loan, click on one of the trusted loan lenders links above or continue reading for additional tips for acquiring a payday loan:

A payday loan is a short-term loan and usually results in amounts from $100 to $1000 dollars. It will vary depending on the lender. Payday loans are meant to provide a cash advancement in between pay checks. In most cases the loan is only for two weeks.

Payday loans are an easy way to get fast cash when in need. There are many lenders on the Internet; therefore, shop around for the right payday loan for you.  Payday loans are offered through check-cashing outlets, which can be found now in every urban area, as well as in smaller towns.  Many of the payday loan lenders are offering money over the Internet, offering to wire it into consumer's accounts overnight.

There a couple of ways these services work.  One is to simply cash checks for consumers, for a fee.  Consumers who don't have a bank account are most likely to use a check-cashing service for that purpose.  More expensive and dangerous than simply cashing a check at one of these places is taking a loan from one.  The way it works is - You write a personal check to one of these payday loan check-cashing services for $150.00 and get, say $125.00 in cash on a spot.  The payday loan check cashing company agrees to hold the check you wrote until Friday, when you get paid.  At that time, you either let the company cash your personal check or you bring in cash to pay the $125.00 you owe, or let the company roll it over to a new payday loan for the next payday and pay a new fee.

While payday loans are available for consumers with bad credit, or no credit, they typically require a checking account in good standing.  When you need cash in a hurry, the fees these places charge may seem relatively minor, but they carry unbelievably high effective interest rates.  The 1997 CFA survey showed that payday loan of check-cashing outlets carried the effective interest rates for seven-day loans high as 1820%  In many cases, payday loan companies aren't regulated, or interest rate ceiling are ineffective.  There are more than dozen states, however, that do ban payday loans or cap their costs.