1-hour payday loans are the fastest type of payday loans currently available. As with all other payday loans, they are extremely accessible as very few people are not eligible for one. Because of this fact, they are historically popular in poor neighborhoods and with low-income families, usually those living paycheck to paycheck and for one reason or another, have an unexpected expense they have to pay for, and quickly. The difference between 1-hour payday loans and other payday loans is the speed of the turnaround of your application; processing of your application and subsequent approval may be completed within one hour. With 1-hour payday loans, you should be able to access the cash advance by the end of the following business day, at the latest. Many companies do offer the option of wiring the money directly and immediately to your bank, but not without charging additional fees. Theoretically, and depending on the activeness of the company you are dealing with, you could apply for the loan and have it in an hour. Continue reading →