• Payday loans are short term fiscal support to needy people against their upcoming paycheck and long term loans are for meeting long term financial commitments. br br • Payday loans are of unsecured nature and long term loans are advanced in secured and unsecured forms. br • Both of these financial services are available for people with horrible credit scores. br br • Both of these two services is given to applicants on the basis of their employment condition, cash needs and repaying capabilities. br br • People can obtain these two different finances easily in just 24 hours via the internet. br br • Both of these two financial supports are free from hassles of excessive paperwork and upfront fees requirement while applying for the loan.