18/07/2012 09:16
Payday loan no fax seems to have become very popular for many reasons. The processing takes place very quickly under this fax less loans. Since there is no credit check on the customer the processing takes hardly a few minutes.
The whole process is electronic, without you having to fax any of the supporting documents. Since there is no credit checking in any for the loan amount gets approved very quickly and the cash gets deposited in your bank account without any hassle. To get qualified for these loans you need to be above 18, with a stable monthly income and an active savings account. The loan amount has to be repaid within a very short span of time being short term loans. Repayment has to be made at the time mentioned by the lender to avoid extra charges. It could either be paid through post dated checks or by transferring the amount electronically from the borrowers account to the lenders account. [source]
