Payday loans have been around for decades and consumers have been relying on it for a long time. But the internet has completely revolutionized how it is being used. In the past lenders operated through brick and mortar branches. That is where consumers would have to go to in order to apply for loans. They would visit the lender’s office, complete the application forms and submit it there. They would then have to wait as to the result of the application.

The whole thing is now done online. The only thing that a consumer has to do is to visit the website of the lender and use the online application forms there. That makes it a whole lot more convenient for the borrower because it can be done anywhere and anytime. If you want to get a payday loan for example, you no longer have to take time out in order to visit the office of the lender. You can do it on your free time at home or even while you are at the office.