There are times when no matter how hard one tries to set aside a certain amount each month for emergency needs, he is not able to prioritize it because of various reasons. Because of this, an emergency situation wherein a considerable amount of money needs to be produced immediately causes too much stress and is often dealt with panic and desperation. One classic example is when one is faced with a medical emergency wherein a member of the family needs to undergo a complicated and expensive medical procedure as soon as possible. How to go about finding the source of funds that one needs can be quite stressful. It is a good thing that it is now possible to acquire payday loans online. This is suitable for those who need emergency funds and payday is still a couple of weeks away. This type of loan is simple and fast which is ideal for emergency situations. Application for such loans is done online and approval takes a very short time. It can even be as soon as the next day after the approval of the loan application. With payday loans, it is now possible to have the funds that you need even during emergency situations.