Fast Cash Loans And Quick Loans

Do fast cash loans really exist? Can you apply for a loan and be able to physically be holding the cash the same day you apply?

Very simply, yes and yes.

It is often wrongly assumed that you would need to go to illegal loan sharks to be able to get hold of instant loans the same day you need it. There is an alternative though that will mean you can go to a cash machine and withdraw money you applied to borrow that very same day.

These alternatives are called Payday Loans.

The process is incredibly simple. You make a quick application online or on the telephone and you get an instant decision. You may need to fax or scan some payslips to prove your income – but many applicants don't need to do this. You will need access to your e-mail to do what's known as an "electronic signature" on your loan documents. Then you're done. Simple as that. Now, of course, not everyone gets approved but if you do you stand a really good chance of going from application to withdrawing the cash within hours. All through reputable companies – fully licensed and all completely 100% legal with no need for loan sharks knocking on your door.

APR's on quick cash can sometimes be quite high. However, it is important to note that an APR is an ANNUAL percentage rage. You will only be borrowing the money until you next get paid which will be weeks or maybe just days away. So the APR can sometimes be a little bit confusing. Generally (although some lenders vary slightly – so check carefully) you will pay back between £20 - £25 interest for every £100 you borrow. If you can afford to do it – and you need payday loans now – then a instant loans may be a great option for you.