Cash today is a same day cash advance is a type of loan. Also called cash advances or payday loans, these types of loans are intended to offer borrowers a way to borrow money they need quickly. However, they are different from other types of loans in that they are due in a short period of time. For example, they are often due on the borrower’s next scheduled pay date. Additionally, they allow the borrower to get the money he needs either on the same day he applies for it or on the next day, often through direct deposit.