When you choose this type of loan, all you need is proof of income. A lender can issue you a cash advance against your next pay check. Loans are usually due on the pay date after the loan is issued.
While it is an excellent solution for people who do not have good credit histories with the three major credit bureaus, the lender may obtain a consumer report instead. Consumer reports will show if you have an outstanding payday loan, or have a history of defaulting on payday loans.
If you have never taken out a payday loan before, or have repaid them when they were due, you should have no problem obtaining a loan. People everywhere have relied on these loans for fast cash in their time of need.