A payday cash advance is a short-term loan of usually 18 days or less, which is given to an applicant based on their monthly pay. The monthly salary is the guarantee for the advance in these situations. A minimum monthly pay of $1,200 is required by most online cash advance services.

Once the applicant has fulfilled the requirements stated by the service, he will be given approval and the requested amount will be credited to his checking account. It is not necessary for an applicant to have a credit history