If you ever need fast money to cover an unexpected bill or other emergency, payday loans might be your answer. When used responsibly, this financial option can prevent late charges, cutoffs, or even evictions and foreclosures. However, many people dread the thought of going into a payday loan office.

With access to the internet, you may be able to take advantage of convenient payday loans without ever needing to go into the office. Many payday loan companies operate online sites. Simply go to their site, and read the rules. Once you feel comfortable that this is a good solution for your needs, fill out the application. They will want to know who you are, where you live, where you bank, and where you work. Most companies do not ask for personal reference information or for the phone number of your closest relative. If you would feel embarrassed for other people to know you're having a cash emergency, there's no need to worry about anyone finding out.

Most applications are reviewed within a few minutes, and you'll know whether or not you're approved in a short time. Online payday loan companies will be able to transfer the funds directly into your bank account within two business days. Once it's time to repay the loan, the money will be automatically deducted from your bank account. You will never need to see anyone in person.

Remember that each state has different laws about payday loans. In some states, you may only be able to have one open payday loan at a time. Carefully read your state's regulations about extending your loan if you need extra time to pay it off. While these laws may seem inconvenient, they have been created to protect you from the unfair practices that some lenders have tried to implement. All information should be included on the online site.