Medford, NY -- (SBWIRE) -- 09/19/2011 -- New innovations have simplified our day to day life. Lending has also affected with this evolution. Light Payday Loan has introduced One hour Payday loans in which the borrowers do not carry tedious process like faxing, paper documentation and credit check and they can get pre approval of their loan in just 1 hour. People can usually take such loans in order to meet the financial emergencies like car repairs, traveling expenses, school fees, electricity bill etc. that need to pay on time. Borrowers can easily and quickly apply to such loans by visiting the company website online. Borrowers can get instant cash advances from $100 - $1500 within 1 hour and repayment duration varies from 1 to 30 days.

These loans are incredibly popular amongst the bad credit or poor credit people as the lenders do not need any credit check for loan approval. People with blotted credit records like overdraft, CCjs, delayed payment can also apply for this loan and improve their credit by repaying the fund on time.

Here are certain conditions of lenders that ought to be fulfilled by the applicant:

1. 18 years of age,

2. valid checking account,

3. Salary more than 1000$,

4.Citizen of US,

5. Should not involve in military service.

While applying for the loan, the borrower has to mention their valid bank account details, so if loan is approved, instant fund will be transferred directly to applicant’s bank account via net wire transfer. Repayment process is even simple and quick. Repayment amount will be automatically deducted from the borrower’s bank account via wired transfer. If borrower is unable to pay the fund, he/ she can revenue their loan by paying interest and small amount of fees for renewal.

Light Payday Loan has helped many borrowers whenever they are in urgent need for liquid cash and want the instant payday loans online within 1 hour.