We all know what it’s like to be a bit short before payday - things happen. Pets get sick, the car breaks down, you need an emergency outfit for an important interview. Maybe you need a cash advance? You’ve probably heard of pay day loans , but do you know how they work?

The first step is to complete an online application that includes your personal information, where you work, your banking and financial information, and personal references - people who know you and will say good things about you to the pay day loans company.

As long as you have been in your job for at least three months, earning over $1,000 a month and that your checking account has been valid for three months or more, you should quality for a pay day loan. You will also need to show your most recent bank statements and paycheck slips. Some payday loan lenders also look at how many insufficient fund fees you have had on your bank account over the last month and any other outstanding online pay day loans at the time of application.

Even if you have no credit, bad credit or have had a bankruptcy in the past, cashadvance-fast.com can probably still help you. It’s a discreet, private way to help yourself financially because pay day loan lenders don’t need credit bureau checks. They use Tele-Check to confirm your personal, employment, banking and lending information only, so make sure you answer the questions truthfully or the application may be declined.

Once you have been approved, you will get an email to let you know. The payday lender will determine the amount of the payday loan to be lent - usually an amount between $100 and $1500. Then you just print out and sign a copy of the contract which will tell you the full loan, amount, the loan fee and the terms of the loan. Just bear in mind that fees can be around $20 per $100 borrowed, so a payday loan is good in an emergency but it doesn’t replace learning to manage your money properly and getting out of debt.