Anyone who has tried to get a loan from a bank knows that it's not always easy. A bank's top priority is making a smart investment. The world of personal cash loans is a bit different. Paycheck advances can be a great resource if used correctly. One of the biggest benefits of a cash advance type of loan is that your credit history means little. Past credit problems usually don't count against you. There are only a few basic guidelines that lenders have to meet. Other benefits include minimal paperwork and quick turnaround. There's a high risk for lenders that some loans won't be repaid on time or at all. For the lender there is much risk; for the customer the reward is high. There is little negative that could be said if you take a payday loan responsibly. The most essential rule is to pay back your loan at the proper time. This is true of all loans but especially for payday loans. There are very stiff penalties for late repayments. Before you know it, you could create a host of other money problems. Be sure that you're ready to repay your loan in full and on schedule. If you can afford it, ask the loan company if you can pay back your loan before the due date. Carefully considering the amount of money you borrow is a good practice. Loan companies vary, but the general policy is not to loan more than $1,500. Knowing when your paycheck is coming and how much it will be can help you determine how big of a loan you can handle. With little hassle it's easy to get a short-term loan for an emergency or unforeseen circumstance. When you don't repay the loan, you've actually done more harm than good. You create awful financial burdens when you make bad decisions. This system is almost completely without worry. Even so remember that it's important not to abuse the opportunity. If you're not careful, the consequences can be much higher than the reward. If you act responsibly, there's no reason you'll experience anything but the positives.