Payday cash offerings are short-term loans that typically come with high-interest rates and are used to cover unexpected expenses between paychecks. These options are typically requested online, and approved clients typically receive the funds within 24 to 48 hours. To apply for direct lender payday loans, borrowers generally need to provide proof of employment and a bank account number. Once the loan is approved, funds are sent directly to the borrower’s bank account. The person is then required to pay the loan, plus interest and fees, in full on the next working day. Late payments may incur additional fees and can damage lending scores. Therefore, it is important to ensure that the loan can be paid back in full on the due date.