In emergencies

Ever wonder what you should do when you're in between paychecks and you suddenly run out of money or you suddenly have an emergency bill you have to pay or some random hooligan off the streets stole your wad of cash as you were heading to the post office to pay your utilities bill which is way past the due date?

Well, fret not, because websites like Payday Loans offer to loan you money on a short-term basis which is just long enough to tide you over your acute financial crisis.

Of course, borrowing from friends and close relatives work just as well but then taking out a short-term loan will save you any embarrassment or ridicule from family and friends and you don't have to feel like you owe anyone a favour. Also, they say they'll approve your loans really quickly so that would save time which is essential when you really need the money badly.

It might be worth keeping this in mind.