Payday loans allow you to get cash advances with an easy repayment scheme - during your next payday. Finance charges actually vary between lenders, but a careful investigation and comparison of various lenders will help you land the best loan with the fairest interest charges. Just make sure you do this before you apply and settle for a particular loan and loan company. Cash is received instantly, so those in dire need will be able to breathe in deeply. Money will come in time for them to make their needed payments.
In finding a suitable and fair lender, you can get your list from the internet. Many lender companies are found online, and everything can be transacted online. You can also visit any company onsite. Often, companies place ads in business magazines, papers, etc. With a lot of options to choose from, you can help yourself get the best loan with the best terms.
Regarding interest rates, amounts go for as low as 10-15%. That would be $10-15 for every $100 loan amounts. One can borrow up to $1,000. Normally though, borrowers loan from $200 to $300. Some states also set regulations on the amount of loan, interest, and payment terms.
If you go for online loan applications, there wouldn't be any paperwork. You only need to fill up an online application form. Often, contact information details, level of income, and checking account information are the only details required. Then you just submit the form and wait for the processing and release. This would take a very short time only.