Getting emergency funds

I keep hearing a lot about online payday loans on the internet and although I have never taken one, it seems like a decent way to tide over a financially tough time. Since most banks don't bother giving short term loans, when a consumer really needs some emergency funds till they get their next paycheck, an online payday loan seem to be the best option. A lot of the people who use payday loans are those who work minimum wage jobs or retired people who sometimes are not able to manage from one paycheck to the next. This service is a boon to those who are not qualified to apply elsewhere, but are able to get them here.