What are the Payday Loans ? It is a kind of loan that is given on a short term basis for emergency conditions. These loans are easily available to people to have their necessary financial emergencies meet quite effectively. Now that there is a simple way to create a better chance of having the right amount of support to people, the banks are becoming more customer-facing. That is needed. The main reason for that is the ready demand of money from different sections. There is no such complicated process to check the papers and take more securities to be deposited and further checking on that. The easy loans are advanced quite effectively with lesser papers and greater support to give customers the Payday Loan Lenders that the quickest. The cash is readily advanced to one’s account and then with required and fixed paydays with that the money needs to be repaid. All are quite effective today but the higher rate of interest associated with these loans can be spoken to be the negative side of the payday loans system. Though the rate is higher than the conventional loan, people are trying to check on these loans as it has formed to be the best possible support to people particularly in emergencies. Now Short Term Loans are getting the necessary popularity. That is mainly because of the fact that the steps are easy with no such complicated processes. The loans are easy links between different society sectors thereby creating a general appeal to all. The easy processes are readily making payday loans the best ones, no doubt. I. The first step starts with downloading the application. Though the forms now is not needed to be downloaded as the system has got online supports. So, it is rather easier now as the forms can be filled and submitted online. II. Along with the form, there are certain documents that are needed to be submitted to the lenders. The documents that one needs to give can be checked out from the websites. The procedure to submit the documents have been made easier with scanning and mailing the same. Fax is also an added advantage through which the documents can be given. III. The last step is the processing which is done by banks. After that the borrower is informed about the advancing of money and collections can be made easily. So, as the steps are gone easy, the payday loans system is readily getting popularized.