Payday loans are the best option for people dealing with any sort of financial crisis. Those who do not have a credit card and don’t want the burden of a long term loan find these loans to be convenient. Also known as payday advances in St Albans, these loans have been the favourite among many. The payday loans help people cope with present financial crisis and that too within a matter of minutes. That is what has made these loans so popular. The terms and conditions of these loans are made to fit the needs of the middle class. This is one of the best aspects of payday loans.