There are many types of paycheck loans and they can be anything like Online, no fax, bad credit, instant, no credit check, military, low fee, or paperless paycheck loans. In whatever label you are going to get them the concept is going to be the same with having to payback the money when you get your next paycheck.  All the above said paycheck loans are meant to meet with emergent needs; however, people are using paycheck loans to meet the desires and demands of the family members ranging from a weekend reunion of family, celebrating Christmas etcetera.