Many people who use payday loans are unable to get cash advances from traditional banks. This is often due to their credit history. Banks will typically reject people who either have no credit or bad credit. This has left open a large market for payday loan companies to make money from. Many services are now offered online, making it easier than ever for people to borrow money. The irony of this is that many banks are now giving credit to payday loan companies in order to tap into the market. This allows the banks to make money off the payday loan industry without having to directly provide loans to the customers it normally rejects. This fact alone should make anyone who uses payday loans angry. With the rise of the internet many people don't even have to fax information to be approved anymore. It is not necessary to show a credit history when applying for a payday loan, and this is why the industry has become so large. Many people argue that payday loans are good for people that need cash for emergencies. www.SpeedCashLoan.com