Direct lenders provide loans as much as $1,500 within the time-frame of one hour. Hundreds of such lenders can be found carrying out their businesses on the internet. Direct payday lenders work directly with the public. The procedure of applying for a payday loan online is simple and comprehensive. All that the borrower needs to do is to fill out the application providing the details asked for therein and submit it online. The next step is to check his bank account after one hour and he will find the required cash to take care of his immediate needs. When submitting the application online, the processing of the application will also be done electronically, the approval will be given within a few minutes and the cash will get transferred to the borrower's bank account automatically. Direct lenders will not ask for documents to be faxed nor do they ask for collateral. Also the borrower can freely approach them to get a good deal.

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