Unlike your local banks, the financial institutions offer loans at a very fast speed. One of the factors contributing to the speed is the absence of the credit factor. They do not spend time in investigating your past credit score. The process is easy too. That is why these loans are called easy instant loans.

Once you make up your mind that you need a loan, all you have to do is to find a lender online, on the internet. You can search using any of the search engines. Once you get the list of money lenders who lend money through the internet, you can do a small research on the types of loans available and their schemes, interest rates etc.

After comparing and contrasting the different schemes, you can zero in on to a specific lender online. You have to fill up an online form which asks for some of your personal and employment details. As soon as you submit the form, it goes to the processing department and all the verification is done instantly using your checking account information.

To make the process even simpler for easy instant loans, some companies also do not require you to fax in the proofs and certificates of employments. They just take your word as guarantee. However, you need not lie anywhere. No matter how bad your track has been, if the lending company feels that you are capable of repaying the loan, you get the money transferred to your checking account in no time.

For loans in the range of 50 and 500, no online money lender will ask you for your checking account statements. They will simply trust the data you filled in their online form. This involves some risk as there are some people who may try to misrepresent their status. But in fact, such people are caught some time or later as the network of such money lenders is so strong that they do not need much time to verify in case any doubt arises.