Instant payday loans are an instant approval cash advance, which you will only need to spend a few minutes applying for, and in return you will receive a handful of cash. Instant Payday Loans are very easy to collect and are faster than any other type of loan process. Instant payday loans are commonly due for repayment after 14 days while some lenders may offer payment plans that will extend to as long as 30 days or more. Consumers can get instant payday loans to help with any kind of financial emergency or bill that needs to be repaid immediately. Requirements for approval vary from instant payday lender to lender but typically consumers are required to have a steady income and a checking account in order to get approved for instant payday loans.