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payday loans are of different names. These names would often imply the kind of loan they offer. However payday loans allow you to borrow money in small amounts and it is regulated; you can receive as little as $100 to about $2000 depending on the state you are in. They are all over the internet, different companies offering different terms of payday loans from different states. Although they may have different names and different terms but here are some types of loans under payday loans.

1. No Fax Payday Loan – refers to the loan that does not need any documents to be faxed. You will just need screenshot copies and submit them through email or process it through their website application form.
2. online payday loans – is loan that can be availed on line. Processing and approval will be done on line. All you have to do is log on to their website and apply for a loan.
3. Bad Credit Payday Loan – made especially for those who people who have a bad credit history but offers a higher interest compared to any other payday loans.
4. Military Payday Loan – offered to those who are in the military service. The terms and the process are the same however they are offered with lower interest.
5. The 24-hour payday loan – sometimes called fast payday loans, a loan processed within 24 hours from the time of application.
6. Low fee payday Loan – this offers a $10 standard finance fee for every $500 dollars that you borrow which is smaller from the $20 for every $100 in other payday loans.
7. The 1 Hour Payday Loan – also called as the “instant payday loan” that can help you during your financial emergency within just an hour from the time you applied.