It can happen to anyone, a medical emergency hits the family, a car suddenly breaks down and the cost to repair it is exorbitant, or you simply have run out of money and can’t pay your monthly bills.

Payday loans are an easy and efficient way to get extra money fast. As long as you have a bank account, are employed and have some other personal information you can get your application processed within hours or sometimes, even within minutes, and the cash is yours to spend.

Most payday loans are for $100 to $1,000. The percentage rates can vary so it’s a good idea to shop around, if you have the time, and get a good rate. You will probably have to pay $15 to $30 per every $100 borrowed.

Emergencies happen but if you have the information the lender requires, then you will also have the money you need.