Faxless Payday Loans: What You Need Know
Are you in need of an emergency loan? Are you looking for a fax machine to get your app submitted? Does anyone use fax machines anymore?
Well, no normal business is using faxes, and you shouldn’t either. You can easily request and get a faxless payday loan and do it right from your fingertips, on your smart phone, pad, or PC. The process for faxless payday loans is easy and simple, and even with a low credit score, you can apply.
What Is a Faxless Payday Loan?
A faxless payday loan is the same as an online payday loan, except there is no faxing, just like it sounds.
A faxless payday loan request is the current, modern way to request a loan. It is safe, straightforward for every person. Online payday loans today are faxless loans. Encryption technology online has almost eliminated any risk of your sensitive information being compromised. And, with additional safety measures like double firewalls, it is even safer.
Why Use Faxless Payday Loans?
The reason is simple, and it is easy, fast, and safe!
Faxless payday loans today are direct, far more convenient, and more affordable than typical cash advances. Requiring a fax machine for a loan request is outdated and very hard on the potential borrower. Why search for a fax machine when your smart phone will do the job?
Do I Need a Hard Credit Check for a Faxless Payday Loan?
No, you do not. Direct online lenders do not do hard credit checks anymore. They may do a soft review, but it does not affect your credit scores. Lenders know that your current income is the #1 indicator of your ability to repay your loan. And that is why more than half of all approved loans are for people with poor or bad credit.
Requirements to Apply for a No Fax Payday Loan
The requirements for a faxless payday loan are the same as any online loan. Although there are some minor differences between states, most states have these same minimum requirements:
- Be 18 years of age or older
- Be a US citizen or legal resident
- Have a current checking account
- Have an ID and a resident address in the state you are applying
- Have phone (cell is fine) and email
If there is any other information needed, your lender will let you know.
How Long Does It Take to Get an Online Payday Loan?
It only takes 2-5 minutes to complete and submit the short, secure loan request form. You get an answer in 60 seconds or less but no more than 90 seconds. If approved, you are connected directly to your lender. Your lender will review any loan terms and conditions, answer your questions, and explain the loan document that you will sign virtually. The entire process with your lender takes about 10-15 minutes for most people. And you didn’t have to drive anywhere! You can do this from your cell as long as you have service.
Is an Online Payday Loan Right for Me?
Only you can decide what is best for you. The keys are only to request what you need and be sure you can pay back your loan when it is due. Otherwise, you will have additional fees to pay.
The great news is you will not need to find a fax, there is no need for collateral, there is no hard credit check, and you can request a loan anytime and use the money, anyone you wish.
CashinaMoment provides legitimate payday loans 24/7 and 365 days a year through its referral to more than 100 direct lenders. When you need urgent cash, consider requesting a faxless payday loan or an online payday loan.
category: Online Payday Loans
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