www.bottomdollarpayday.com are a twentieth century innovation. These loans have a peculiarity in that they have a direct connection to your monthly salary, hence the name pay day loan. Another innovation as we shall say is that these loans are almost without any strings i.e. they are free in a way as no guarantor, mortgage or collateral is involved. This by itself is a big boon. The financial world has accepted these loans and there is no dearth of people who will disburse such loans. However all good things may have a rider. Pay day loans also have a rider in the form of the loan being for small amounts and also its availability to only those Americans who have a regular source of income. So in case you are unemployed than you may be out of the ring to avail a payday loan. But in case you are a salaried man or woman and you need cash real bad, then a pay day loan may be the answer for you. A second rider exists in the form of high interest which you may have to pay to avail this type of loan. You can’t get away from it as this is an unsecured loan and the financial world has accepted it as a supplement to the financer who gives a loan at a greater risk without collateral.