The advance cash generated from such payday loans has to be repaid on the next payday. These same day payday loans are also referred as cash advance loans. These companies instantly approve the applications for the instant cash advance or same day payday loans and even transfer the loan amount directly to your own account on the same day. Usually most of the companies offering fast easy payday loans require you to give them the post-dated checks to be deposited in the company account on your next payday. Fast easy payday loans prove very helpful in giving cash advance assistance so that short-term financial need is met. These loans are also known as same day payday loans because the processing is very fast and you get money within the same day and in some cases within a few hours of applying for an instant payday loan . read more