
Payday loans have been around for a while now. And gone are the days when you'd have to visit a payday shop to apply for one.
In the past you were required to carry with you all your personal information like ID, payslips and bank statements to apply. And after filling in a form and waiting hours for a decision, you were still not guaranteed a payday loan.
With the advent of the internet, applying for a loan became a lot simpler. It meant you could go directly to any lender online without actually travelling miles to their place of business. This also led to a proliferation of lenders online and meant you could have access to lenders whom you never had in the past....