Whether you consider payday loans or personal loans, the process of borrowing money online starts with a loan application. You need to fill out and submit a loan request form to give payday lenders access to your application details. Once an online lender that meets your requirements makes a soft credit check and approves your application, you will get a loan offer by email. Thus, all you need to borrow money instantly is your PC with internet access and a couple of minutes of your spare time.