Since it is prime Christmas shopping season, many people are out and about looking for that perfect gift. Some people really get into it. Sometimes they go so far, that they need Payday loans. These are short term loans that work like a cash advance. You can apply for a loan online and within minutes, you will find out if you are approved and how much you are approved for. These types of loans work well for short term needs. There is usually no credit check involved and no collateral is required. These loans work well for someone who gets paid at an odd time in the month. If you need Christmas shopping money but don't get paid until the end of the month, this would be an easy way to supplement. If you fit into this category, you may benefit from this type of loan. In doing so, remember that the most important thing is keeping yourself in check and not going beyond your own financial limits.