Most of the payday loans direct lenders offer fast cash loans to customers which would be processed from his own office. But in most cases such loans can also be offered online. Applying online reduces the paper work to a very great extent, as everything is done online. This gives the customer a golden opportunity to apply for such loans sitting in the comfort of their home or office. The processing is done immediately and the cash gets transferred electronically under online application. Such loans are processed within 24 hours and the cash gets deposited in your bank account without any hassles. Under direct lenders there is no need to compare the rate of interest, as the rate of interest is pretty lower as compared to other payday loans. This is due to the direct contact that they have with the customers, instead of going through the so called middle man. Repayment could be made either wholly or partly as per the request of the lender.