A Payday loan is exactly as it sounds,
an advance of cash. If you are expecting a check , but need the money before it arrives,
you can get an advance on that cash. The company will give you the cash that you request.
Because you are held to a contract, you can actually request whatever amount you need.
This is how the Payday loans work, as you sign a contract for money to pay by a
later date.
Once you receive the money , you pay the company for the amount you
owe, plus the interest. These are The Basics of a
Payday loan.