Medford, New York -- (SBWIRE) -- 09/27/2011 -- Pay Bill Buddy is an online source for those people who are in search of getting money deposited into their accounts instantly as they have to meet a financial emergency. Payday loans are not for people who are looking out for a large amount of money. These loans are for only those people who want to borrow only till the next payday in order to meet an unforeseen financial demand that has cropped up.

When questioned about how money is credited into the accounts of the borrowers instantly, its Head, Pay Bill Buddy replied, “We have a tie-up with numerous payday loan lenders who are willing to offer the money basing on the eligibility criteria of the borrower. Each lender has a different lending rate. So, we try to match up the requirements of the borrowers with what the lenders are offering and work towards striking a good deal for the borrowers. Once the lender has been identified, they will get in touch with the borrower to take the process further. And as it is a payday loan, the repayment of the amount is directly deducted from the borrower’s checking account on the due date and will get credited into our account. With the help of our 100% online application, the borrower can get money into his checking account right from the comfort of his home.”

As the repayment is directly linked to the paycheck that the borrower receives there is no fear that he will be at default. When intelligently managed, instant payday loans are the ideal help that people can find between two paydays. But, when mismanaged, there cannot be anything worse than the payday loans themselves. Careful planning and proper guidance in finding out the right lender would do a great good for any borrower. Pay Bill Buddy claims to offer these kinds of services to its clients.

For more details regarding the terms and conditions of the instant payday loans log on to www.paybillbuddy.com.