I need cash in my account today - how can I get a loan paid today.

If you need cash urgently, there are two types of loan which can be paid the same day. The first are payday loans, cash advances on your pay which can be completed in as little as one hour. Most payday loan companies pay out the same day, in fact many can be completed and the cash paid to your account in as little as two hours.

To qualify for a same day payday loan you need to be employed, or with a regular income usually over £500. Depending on the payday loan company you choose you may need a debit card to arrange repayment of the loan, although some companies take repayment by direct debit.

Although most loans are completed within a couple of hours and the cash transferred to your bank account, it is worth checking that your bank account can accept Faster Payments. Most of the major banks accept Faster Payment transactions, which means the cleared loan funds will be in your account and available instantly instead of having to wait for the bank to clear the funds. Most payday loan companies use Faster Payments to ensure their customers receive their loans quickly.

If you need a same day loan and you dont qualify for a payday loan.

The other type of loan whcih can be paid the same day is a logbook loan. A logbook loan is a loan which uses your cars documents for security, although you still keep full use of the car and the car stays with you. This type of loan does not require a credit check, as the loan is secured on the car and can be completed the same day.

Logbook loans are available if you have a relatively new car - under 10 years or so which is registered in your name and is free of finance.

Logbook loans can be completed the same day in most cases. You will either need to take your car to the logbook loan centre or arrange for one of their agents to visit you at home to complete the loan. Logbook loan companies have offices throughout the country or local agents who can visit you at home.

These are the two types of loan which can be paid the same day. If you can wait a couple of days for your money then you may also like to consider a doorstep loan.