About the smallest amount that any payday lender will lend is about £70 but you can of course borrow much more than this if needed. A 70 pound loan can be obtained from most lenders by completing a short online application.
A payday loan is a quick and effortless way to obtain payday money even if you have a less than perfect credit rating. Many people do not have a perfect credit rating which means that they are unable to get credit or loans from many of the mainstream lenders such as the banks and building societies. With a poor credit rating you can still apply for a small cash loan and have it paid into your bank account the very same day. Usually if you apply in the morning or by early afternoon at the latest your money will appear in your account later that afternoon.
To borrow £70 you will first need to complete the 5 minute online application form. It should take no more than 5 to 10 minutes to fill in the form if you have all the details that you need to hand. There is no additional paperwork to complete and no documentation that need to be faxed. Just fill in the short online form and submit it.
Once you have applied you should hear back from the lender pretty promptly. Usually you will hear back within minutes but depending on your circumstances and other factor it may take longer. You should not have to expect to wait any longer than 30 minutes to find out whether your loan has been approved or not.