To apply for a payday loan, you can go to the location of many loans or lenders have online applications. Benefits of online payday loans are that you can take your time and do it in the comfort of your own home and avoid any lines or waiting. If you fill out an application online, you do not need to bring all documentation with you to the location of the loan. Loan specialist will need to verify all of the information you enter on the application before the loan can be processed. Lending decisions can be quickly resolved and if approved, you can walk away with cash required. Financial background is not a lot of consideration. Even people with bad credit can easily be approved for this.