All about Payday Loans What is a Payday Loan? Required Documentation Payday loan seekers Selecting a Loan Lender Are there disadvantages? Payday Loan procedures Impacts on your life How big of a loan? Tips for Payday Loans Who is qualified? Repaying Your Loan		Size and Speed of the Loans   Payday loans vary in size the same way that regular loans vary. However, they are available much more quickly than regular loans and credit cards.   Size of the Loans Payday loans are available in a variety of sizes to meet your short-term cash needs. Most companies will give you at least $500 for your first payday loan. The size of the loan is also increased by the fees required by the lender to receive your payday loan.   Applicable Fees Generally, the fees for payday loans range between $20-$30 per $100 borrowed on your payday loan. Some lenders may add extra fees if your loan is refinanced more than once. These fees may vary greatly between lenders; you should talk to each lender you are considering and be certain of the terms before you sign any papers.   Speed for Receiving a Loan The best aspect of choosing a payday loan is the speed involved in receipt of your funds. Often the time period ranges between 24 hours or up to three days. How long it takes to receive your money will depend on how quickly you get the required paperwork to the company.