Category: ‘Payday Loans’

Payday Loans No Faxing Speed Up the Process

January 14, 2012 Posted by admin

If you are looking for payday loans no faxing, chances are you do not want to try and track down a fax machine near you. The good news is there are many outstanding lenders out there who will give you these loans without faxing. You will still need to provide information to the lender that verifies this information. However, in most cases, you will not have to fax it. That can help to speed up the process.

How Does Not Faxing Work?

When it comes to payday loans no faxing is not something all lenders offer. Many do require you to submit documentation for all of your information through a fax service. Those lenders that do not require this may offer one of several options for you to choose.

  1. You may not have to submit this information at all. Some lenders will allow individuals to verify information through phone calls to employers or to check with banks over the phone. It can be a faster solution.
  2. Most lenders will require you to submit paycheck stubs, forms and other documents through a scan and email service. This can help the lender to verify this information online without the need for faxing.
  3. A third option is only available to those who may have used the same lender in the past. For these payday loans no faxing clients, the data may be on hand already and you may not need to verify this information a second time.

For many individuals, these loans are no different from applying for payday loans that do require faxing. It is important to verify with the lender if faxing is a requirement before you begin the application process. Doing so is the only way to ensure that the lender will not require these documents to be sent to you.

Need to Fax?

If you find that payday loans no faxing are not available to you, you do still have options. You may be able to fax information from a library, post office or even the local grocery store for a nominal fee. Doing so could be the fastest way to get information to the lender in a timely manner. On the other hand, you may be able to use local payday loan services as well. Online services are the only ones that require faxing of documentation unless you do not have it in hand.

Payday loans no faxing are available to most people. Use them when you do not want the hassle of tracking down a fax service.

Payday Loans No Faxing Are Available To Help

December 9, 2011 Posted by admin

These days, many people have discovered payday loans no faxing as a way of meeting their sudden expenses in between paydays. Financial emergencies can range from any number of sources from unexpected medical bills to car or home repairs, etc.   Having this avenue of assistance can make all the difference.

One can easily access one of these loans since the entire process is completely online. Your approved loan amount is directly deposited into your bank account and you can use it as per your requirements. These loans are quite helpful in financial emergencies when you have no other way to arrange for cash.

Guidelines regarding these loans

When compared to those of traditional banks, you get instant approval for these loans.  You can borrow from $100 to $1,500 for a period of one month, or until your next payday, whichever is agreed upon by the lender.

There are only a few requirements of payday loan providers. You should be a US resident, have stable employment, and you should also maintain a checking account where your salary goes every month.  Your monthly income, after taxes, has to be sufficient to support the loan amount that you need.  Being able to meet your other financial obligations also has to be taken into account.

In the past few years, there has been an amazing increase in the number of payday loans being offered.  For many, these loans have emerged as the best solution for their small financial needs. Being a highly regulated industry, lenders have to comply with strict lending guidelines or risk being labeled as a predatory lender.  This means extra protection for the borrower.

Application Process

Once you have searched for a loan provider, you can visit their website and fill out the application in a secure environment.  Your information and identity are kept strictly confidential.  There is often no credit check and once the details provided by you are confirmed, the loan amount is electronically transferred into your account. You will have to return this amount, plus any applicable fees, on your next payday.

If you find that you are unable to meet the repayment deadline, the lender has the option of extending your contract due date- for a nominal fee.

When you utilize payday loans no faxing it means that you are taking the first step in getting yourself back on track. Having this kind of emergency fund readily available gives you the peace of mind that you need so that you can focus on repairing the damage before it gets out of control.

No Fax Payday Loans Are There When You Need Them

December 9, 2011 Posted by admin

No fax payday loans are often called fax-less payday loans. If you need money in a hurry, nothing can take their place. These loans do not commonly require the hassles of a standard payday loan. Because a great deal of loans call for documents to be faxed for approval, the concept of no fax loans was born. It means you can now apply for them any time of the day and it saves you the trouble of finding a physical store location or access to a fax machine.

These loans have grown in popularity since their introduction.  This is a new way that the convenience of payday loans have been made that much simpler to use.  They are essentially a short-term loan contrived to offer financial aid with no delays.  This means that online approvals are even faster.

Many lending institution do not even check your credit history, which makes them more appealing. However, you will need to meet certain qualifications.  You should have a permanent job with a steady fixed monthly wage.  You need to be a minimum of 18 years of age,  have a valid checking account, employer’s phone number and proof of  residency.

There is also an income requirement.  Most lenders require a minimum income of between $1000 to $1500.  The loan are normally approved in 24 hours or less.  The amount you qualify for varies among lenders, but you can get anywhere between $100 and $1000, based on your monthly take-home pay.  Qualifying is also based on how much pay you will have in reserve for your other financial obligations. Fees are also based on the amount borrowed, so, for example, it can be $10-$15 for each $10 you borrow.  This means that if you take out $1000, you will pay back $1100.

Be certain you understand all the terms before applying for no fax payday loans. Know about all of the fees since you may be billed for a processing fee or extension request.  Remember:

  • Comparing lenders can save you money
  • Never go with the first company you find
  • These loans may not be suitable to all situations
  • Do not borrow the money unless you really need it
  • You should only take out amounts you can comfortably afford to pay back.

Getting Instant Cash With Payday Loans

November 23, 2011 Posted by admin

Payday loans are short term loans which you can borrow if you are in dire need of quick and fast cash. If you find yourself caught in a predicament, running short of money at either the middle or end of the month and need immediate funds, then payday loans are the best options. Borrow money for a brief period of up to 30 days and pay it back on your next payday.

There are a lot of reasons why these loans have grown in popularity in recent years, despite how they are perceived by some. Benefits of payday loans include:

  • Get instant cash instantly on the very same day.
  • Hassle-free online application procedure.
  • No need to submit any physical documents.
  • No guarantor required.
  • No upfront or hidden charges.
  • Nominal flat fee.
  • Get cash even if you have bad credit.

With just a few clicks on your computer you can get money by filling the following details:

  • Your full name, address, date of birth, and contact details.
  • Amount to be borrowed.
  • E-mail address.
  • Your bank details.
  • Your income.
  • Your employment details.
  • Your bank details.

It’s that simple! Within minutes, you can fill out the form, get an approval, sign with your E-signature and get the amount that you need. No traveling, no standing in long lines and no embarrassing questions about your credit.

But you must fit in their eligibility criteria, which means that you must be above 18-years of age and employed, and you must possess a bank account. Payday loans are the best options for getting a little cash quickly.

As long as you remain in good standing and repay the debt on time, you can re-use the services again. The lender will place certain restrictions as to the limit so you will need to discuss the frequency with them. Plus, you want to make sure that this is not something that you start to rely on to meet your obligations. This is meant as an emergency fund only.

Payday loans are a great solution for a temporary crisis. They fulfill a need for those who have no other options available, which is why they are an invaluable service.

Faxless Payday Loans Take the Stress Out of Getting Money

November 22, 2011 Posted by admin

Faxing used to be a regular part of trying to get payday loans. It was also a big part of what made getting payday loans stressful in the past.

Today, it’s much easier to get faxless payday loans. You don’t have to scurry around your house looking for documentation. Everything is done virtually, through your computer and through the lender’s computer.

Printing Bills and Faxing Documents Costs Money

In the past, when you had to fax in physical documents, often time’s you had to actually print out the bills before you can fax them.

Unless you have a printer at home, chances are you had to drive to a Kinkos or library to make the print, costing you both time and money.

Requesting Bills Takes Forever

Let’s say you need to get a bill from a company that doesn’t have an online billing system. That means you’ll have to actually call up that company and request a bill be sent to you via snail mail.

That usually means waiting on the phone on hold for a long time, then waiting days or weeks for the bill to actually arrive.

In the meantime, whatever emergency you needed the cash for is just getting worse and worse.

Who Even Has a Fax Machine?

One of the biggest issues with requiring documents to be faxed is the fact that just about nobody has a fax machine anymore. Few printers come with them, and even if it did people rarely connect their printers to their phone lines anymore.

Most likely you’ll have to go to a print shop, library or Kinkos just to fax your documents. Again, that costs time and that costs money.

How Faxless Payday Loans Work

The way faxless payday loans work is much, much more simple. You just navigate to the lender’s website, fill in all the information that the lender needs (takes about 20 minutes) and click one button.

The information is instantly transmitted to the lender with no need for paper. The lender reviews the information, and if he deems your application loan-worthy then the money will be wired into your account.

Once the money is posted, you can just go to your bank and withdraw all (or part) of the money in cash.

It’s that simple. No fax, no documentation and no paper necessary. Instead of having to go through a stressful faxing ordeal, today getting faxless payday loans is more or less a walk in the park.

Payday Loans No Faxing

May 28, 2011 Posted by admin

Having a rigid pay schedule can often create problems when paying your bills.  Often times, your rent or mortgage payment will consume your entire paycheck, leaving you with hardly any funds for other payments.  This means that you could end up having late fees, insufficient funds fees and other penalties associated with not paying your bills on time.  This could quickly accumulate to hundreds of dollars which is why a faxless payday loan is so important.

What You Need to Get Started

In order to get the approval process underway for a payday loan no faxing, you will need to prove some of the following things:

  • 18 years old
  • U.S. citizen
  • valid checking account
  • currently employed

These requirements will vary from lender to lender, but are simple and straightforward.  The process is made easy so that you can get your cash quickly.  Unlike a traditional loan, you will not have to worry about your credit, reference checks or other stringent requirements.

How Much It Costs

The only cost associated with no fax payday loans is the APR or Annual Percentage Rate.  This interest rate will vary from lender to lender and will be calculated over the repayment term.  Most loans are for 2 weeks which is about the time that the majority of borrowers have to wait for their next paycheck.

Both the principal balance and the interest will have to be paid on the due date.  If it is not paid, then a post-dated check that was drafted on the date of the loan will be automatically drafted from your checking account.  No other fees are involved in the transaction.

Many consumers are using faxless payday loans for emergencies, living expenses and major bills.  It provides them with the ability to reduce the amount of stress that is involved with not being able to keep up or catch up with their various financial obligations.