short term payday loans are available for a period of two weeks. These loans are offered on the basis of borrower's next paycheck. Bad credit borrowers can also apply for the loans. On timely repayment of the loans, borrower gets an opportunity to increase the credit score. : http://ezinearticles.com/?Short-Term-Payday-Loans-Monetary-Assistance-For-Short-Term-Urgent-Needs&id=996591