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If you're in need of cash in a hurry, go online to apply for no fax payday loans. When used in a responsible manner, this financing option can help in emergency situations. Each state will have rules about how many payday loans you can open within a specific time period, and whether you can extend the due date. Make sure that you understand how it works in your state before you apply.

Simply go online and apply. The company will want to know who you are, where you live, where you work, and where you bank. Once you're approved, you'll be notified quickly so you won't have to spend hours wondering if this will work for your situation.

After you're approved, you can expect the funds to be deposited in your bank account within the next day or so. When it's time to repay the loan, the cash advance company will automatically deduct the amount from your bank account unless you contact them and ask for an extension. As long as the local law allows them to do so, they will usually give you plenty of time to get back on your feet.

People have used payday loans to solve all kinds of problems. Sometimes an unexpected car repair means they have to find money somewhere or they won't be able to go to work. In many cases, this could mean losing a job, and with the economy in its current state, a new job can be hard to find.

Medical bills are another emergency that can be solved with a cash advance. If you don't have medical coverage, some doctors will expect you to pay for services the same day. Even if they will allow you to pay later, the drug store won't just hand over the necessary prescriptions. A cash advance could mean treatment for a sick child.