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Consumers looking for fast cash have come to realize that payday loans have become a very popular source of lending. These loans are short-term, meant to be used for temporary financial use, and unsecured (meaning there is no collateral required in order to get a loan). More than $10 billion is borrowed every year via direct payday advance lenders online and in-store. With thousands of lenders out there, consumers are not at a loss when it comes to borrowing options. If you are considering borrowing with a temporary small-dollar loan such as these but don't know how the process works, take a few minutes to read about some of the most frequently asked questions and answers in an effort to educate and inform yourself before you set out to get a payday advance.