The processing time for a payday loan is often as variable as the interest rates being charged. Usually it is at the discretion of the individual providers, with limitations often caused by the technology they have available. So whilst some may be able to provide you with a near instant response and a payment within the hour, others may be significantly slower though.
If you are looking for a payday loan and need a decision and payment within a finite amount of time, it may be best to go online and see what different companies offer. For example, there are still some lenders who are unable to respond during the weekend. Therefore if Saturday comes and you need to get money quickly for a repair or upcoming bill, you don't want to be in a situation where you have to wait until Monday to find out whether you've been successful or not.
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