Need quick cash? Got less-than-perfect credit? You may want to consider a Payday loan. In most cases, with a Payday loan, you can have the money in your hand within a matter of minutes--without a credit check! Here's how it works:

First, you'll need to find a Payday loan lender. In many cases, you can check your local yellow pages. Or you may want to consider searching online for a Payday loan lender. Don't forget to ask among family and friends, too.

Next, you'll need to have a bank account. In most cases when borrowing from a Payday loan lender, you'll write a personal check for the amount you want to borrow--plus interest--to the lender. The lender won't cash it immediately, however. Instead, he/she will hold your check for a certain period of time--typically 14 days. Once that "loan term" is over, the lender will then cash your check as payment for your loan.

Since most Payday lenders don't require credit checks, you won't have to worry about your bad credit history. However, there is some paperwork involved. You'll have to provide proof of employment and income, so the lender knows that you will be capable of paying back the loan at some time. Most times a recent pay stub is considered valid proof of income.

Make sure you compare costs, loan terms and fees when looking for a Payday lender. In general, it's best to find a lender with the lowest fees and the longest term.

Once you accomplish those steps, you'll have the money in your hands! Most Payday lenders dish out the cash immediately, or at least within a few hours.

Just remember: On the date that your loan term ends, you need to have enough money in your banking account to cover the cost of the check you wrote to the Payday loan lender.