Money has been used as means of paying for services and goods for a long time. It's different in various countries, but all over the world it has the same function – a means of payment both for living essentials and luxury goods. Since ancient times people have understood that the more money they earn the better is their life. They have an opportunity to provide themselves with all the required things, they can present joy to their friends and relatives.

Planning your budget is a helpful thing. This way you will always know how much money you need to satisfy your everyday needs, and what amount of money can be spent on some not so important things that you have always been dreaming about. So the ability to count how much money you are spending in advance is significant. But everybody realizes that there are from time to time emergency situations when you urgently need money on some things you could not even have planned. In these situation people are searching for the source of money. Lending from friends and relatives is convenient since you don't have interest rate, meanwhile you feel obligatory and will have to consider how to repay their kindness all the time. Bank credit is a typical variant, but you have to carry out laborious paperwork that requires certain time and efforts. So this method isn't suitable if you get in an emergency situation.

In recent time people talk a lot about paycheck loans. A paycheck loan is a certain sum of money provided by special financial organizations till your next paycheck comes, commonly for two or three weeks. The sum of money is commonly equal to around five hundred dollars. The major advantage of taking payday loan is that you get money fast and easy. With an online faxless loan there is no paperwork and time to get money. You will have money within 24 hours. But you have to take into consideration that the interest rate is very high, so you should address to this method of credit only in emergencies. Payday loan is an amazing way to have money when it is really necessary, but keep in mind the consequences.