Direct Payday Lenders makes it possible for the individuals to obtain the emergency budget they need to finance urgencies. These lenders offer instant cash to customers in the shortest possible time with less of paper work. Since these are short term unsecured loans the rate of interest is little higher when compared to other loans. There are times when as much as 30%can be charged on a single client application. On approval these lenders deposit the cash loan into the customer's bank account. Repayment of the same has to be made from the clients next pay check. It could either be paid through post dated checks or by transferring the fund electronically. Prompt payment can certainly save the customer from late fees and other extra charges levied by the lender. Applicant has to be above the age group of 18, with a regular monthly income and an active savings account. It is always advisable to keep the financial history in the best shape and borrow the amount that can surely be repaid on time.