The easiest and simplest way to receive and pay off a low interest pay day loan is online. You don’t have to leave your house to get your money—it is processed, approved, and electronically sent to your checking account. It is usually there in 24 hours or less with most online pay day loan companies. There is no requirement to fill out an application or paper. Also when it comes time to make payment on your online Low Interest Pay Day Loan, the lending company can extract the payment directly from your account. Now, you will need to make certain that your checking account is not empty when the payment comes due.