A simple payday loan can be quiet useful if you are out of cash and have come up with an unexpected expenditure that can not be postponed till your next payday. Simple payday loans are loans provided by lenders with simple processing. These payday loans are really very simple to avail and can be availed by just filling an online form without any kind of faxing or document formality. Such payday advance loans are meant for short time and have to be returned on the next payday. Usually, the time period associated with such loans is 14 days to 31 days.