A payday loan is an easy and fast way to solve your financial issues. You take a credit that does not require a lot of paperwork or a good credit story and receive money on your bank account within one business day. The only thing you need is an upcoming paycheck or any other sources of income (for example, social security). In most of the United States, 100 dollars is a small sum, which is easily granted. The interest rate varies from state to state as well as the time for the credit. However, the average credit period is 31 days. Because lenders understand that there could be difficult situations, you do not need a credit report for the loan. Therefore, a 100 dollar loan with monthly payments is an easy and accessible solution for your needs.