So just what are the criteria when you want short term loans. Well, first of all, and obviously, you need to be an adult, of course. Then the second criteria this because there really are no other criteria is that you need to be employed, and to have been employed for at least three months. These are not hard criteria to meet, are they? Other than that, the providers of short term Cash loans ask very little in terms of collateral. As a matter of fact, they don’t ask for collateral. They also don’t do a credit check on you, which meant that a bad credit rating doesn’t really stand in the way of a loan of this sort. The only real limitation is upon the amount that you can borrow, which usually has an upper limit of around a thousand five hundred dollars, depending on just what salary you earn, of course. Ah, and of course you’ll have to hold a bank account if you want a loan of this sort, because otherwise how will the online provider of short term loans transfer to you the money that you require. As a matter of fact, owning a back account not only makes taking the loan easy, but also repayment of the loan.