Cash Advance Articles How To Get A Short Term Cash Advance Payday Loan in 1 Hour to 24 Hours Tip! Many of the loan companies cannot loan less than $1000, but cash advance companies may see your $1000 loan as a large loan and add on a large interest rate as well. Short term personal loans can fund emergency medical bills, needed prescriptions, rent payments, mortgage loans, car loan notes or holiday shopping. If your situation requires cash in hand in as little as 1 hour to 24 hours, an online personal cash advance loan lender, is your best option. Short term loans also referred to as loan till payday loans or cash advance loans are secured against future paychecks. You take out a cash loan for 7 days or 14 days, depending on when you get paid. There are several online payday loans lenders, who offer $250, $500, $1000 and $1500 instant cash advance loans. To get a short term cash loan, follow this process. Finding A Payday Loan Lender 1. Find the online payday loan lender of choice. 2. Make sure that you use a payday lender that operates in your state of residence and can offer the loan amount that you need. For example, some lenders offer $500 in 24 hours while others can offer up $1500 in 1 hour. 3. Complete their online application form ensuring that you enter all relevant information. 4. The loan representative will review your application immediately and contact you in a few minutes. 5. If you are approved, the cash is transfered into your checking account. 6. When your loan amount is due in 7 days or 14 days, you can choose to pay your full loan amount and the lender's fee in one lump sum. Loan Payment Options If you are not able to pay the full loan amount plus the lender's fees, you have other options as follows: 1. Pay a portion of your principle loan balance plus the lender's finance fee. 2. Pay only the lender's finance fee and carry the loan amount for another 7 days or 14 days. Loan Qualification Requirements Most online payday loan lenders have minimal loan qualifications as follows: 1. You must be 18 years or older. 2. You must have a job (usually making $1000 per month) 3. You must have a checking account 4. Bankruptcy, bounced checks, chargeoffs, low credit score and other credit problems will not prevent you from getting a loan. Get more information about short term, instant cash payday loan lenders at the payday loan resource guide. Review the list of recommended payday loan companies. The companies listed provide no credit check, no fax, no teletrack, no paper documentation payday loans in 1 hour or 24 hours. Sharon Listner writes about family and finance. For more information about payday loans, visit the website http://www.paydayloanassist.com Tip! If you can find a loan company that will loan you $1000 then that is the best decision. This is because the loan company will most likely charge you a much lower interest rate than the cash advance company will, which will make the terms of your loan easier to meet.