subject: Payday Loans- Immediate Cash within Short Time [print this page] In order to get availed by the funds the borrower needs to satisfy some of the eligibility criteria. The borrower has to be a UK civilian. The applicant has to be a person an adult above 18 years of age or else will not be eligible for the same. The borrower must also have an active and existing bank account operated in his own name. These advances are available to the salaried person earning his fixed income.