Are you short of money, do not have a way of paying a bill until after pay day and need a quick loan? If so, and you do not have friends or family that can lend you money, getting a quick loan online is fast and easy.


Why you should get a loan on the Internet — It only takes a few minutes to apply for an online loan, the loan service is available 24 hours a day, and the money you want to borrow will appear in your bank account within 24 business hours. Some lenders even offer same day loans, so you could get the money you need just a few hours after you apply for it.


What are the requirements for a quick loan online? — For most lenders, you must be at least 18 years old, you must be employed or own your own business, and must have a bank account. Some lenders will also require you to have been employed for a certain period of time. You should also have an email address so that information about the loan you just applied for can be sent to you.


What you need to apply for a small loan online — Applying for a fast loan on the Internet requires nothing more than a computer or mobile device, an Internet connection, your social security number, your employment information and your bank account information.


How to apply for a loan online — Applying for a loan online could not be easier. You just have to fill in the lender’s online application form, making sure you complete every field and provide them with all the personal details they need. You then submit your application electronically, and wait for the lender’s decision.


The decision whether to offer you a loan or deny it should appear in your email account within 24 business hours. It is then up to you to decide if you wish to accept the loan under their terms. Make sure you read their terms, including all the small print and information about the interest rate, before making a decision.


How to accept a loan offer — If taking out that particular loan seems like a good idea, you can accept the loan offer by sending them your acceptance electronically. The loan amount will then appear in your bank account within an hour or two.


In other words, from applying for a loan to accepting it and receiving your money should be less than 48 hours. Enough time to pay any bill that is due.


Once the money arrives in your bank account, both the lender and your bank will usually send you an email informing you it has arrived. You can then withdraw it just like you would any amount you have in your account, or use it to pay the bills that are due electronically.


When do you have to start repayment? — For most lenders, your first payment will be due some time around your next pay day, so be sure you give accurate information about that on your loan application form. You can read more on financedistrict.