Your credit rating is not important in applying for a quick approval loan. The interest rate is higher than normal loans and that will cover the risk the lender is taking. Do not worry. A small amount for a short time period will not add any significant money in interest. The payday loans are only for a couple of weeks and a responsible lender will make sure you are aware of this fact. If you have a bank account and a steady job, which most people still have, more than likely you will be approved.
The payday loans involve instant approval in that the money will be transferred to your account with a day, many times sooner. All of us run into negative cash flow situations occasionally and there should be no shame attached in seeking an instant approval payday loan. Responsible borrowing for important purposes is the key when seeking instant cash loans. A bill that cannot wait, which you do not want to pay with already full credit cards, is the purpose for fast loans.
It would be foolish to borrow fast cash for luxury items. There will always be a segment of society that needs quick loans and payday loans fill that void. A bank, if it approves your request at all will not lend you money within a day, unless you do not need it. Today more than ever banks are playing it safe by lending money to those who do not need it. It looks good on their books and there is no risk involved. Quick approval loans should be considered for short term cash that will pose no problem in paying back without loan extensions.