Payday Loans are intended to be used for quick cash in the case of a financial emergency. The loan period is most often 14 days long. Payday Loans usually charge high fees for short term money.

If you have poor credit it will not affect the approval of your Payday Loan. However, if you have filed for bankruptcy within the past year or if you have filed multiple times you will most likely not be eligible for a Payday Loan.