Fast cash payday loans are widely popular as they are sanctioned instantly and no questions are asked regarding the credit history of the borrower. No collaterals are necessary for getting this personal loan. An eligible borrower would get the loan amount into his bank account on the very next day. The eligibility norms are fairly simple. Any one who is above eighteen years of age and has a regular job and a steady monthly income can get this loan. The tenure of this loan is extremely short. The loan is given for a period of two weeks only and the borrower must repay the loan when he gets his salary.