By definition, the same day payday loans state that the once the application has been approved, a process that takes a few minutes to complete online, the lender will immediately wire the money to your account. Can you think of a faster way to obtain the cash? The truth is that, except maxing out your credit card, there is none. Moreover, credit cards can rarely offer you a limit as high as the direct payday loan lenders can. Therefore, these loans are your best friend when you are in need of, let us say one thousand dollars in the next hours.