Moneylenders will also normally require a bank account or savings account that is registered into the same name as the job information and the primary lender name on the loan application. This banking account is necessary for the quick money transfers to be made during the normal workweek. At times, holidays or banking restrictions will delay a money transfer so that the personal loan will arrive on the next business day that the bank is conducting business. Most payday loans will arrive within a few hours.

A personal identification of some sort will be required on the rapid loan forms. This mandatory form of ID is necessary to ensure that nobody is scamming the system. All adults in the United States who have passed their 18th birthday can normally request a speedy money loan when they need it. High school students who are beyond age-18 are legally able to enter into a loan agreement without parent approval if all other loan requirements are met during the application process.

Instant approval payday loans are available for every situation that requires money fast. Emergency travel, school expenses, or a friend's bail bond request can all be covered with the money that is transferred into the loan applicant's bank account if they qualify for fast money deposits. The top three credit rating agencies are normally not contacted during the fast paycheck loan processes. This allows for people with bad credit ratings to apply for emergency funds when they are needed.