NoFaxingCashAdvancePaydayLoans Provides Faxless Cash Advance and Explains the Simple Characteristics Of A Payday Loan

(EMAILWIRE.COM, January 16, 2012 ) Encino, CA - The reason why payday loans became popular is because they help low income earners to have access to money that they otherwise would have not been able to have. These loans are then used to pay fees, bills, do grocery shopping or other more general stuff. Faxless cash advance is the same as payday loan and easily become the thing that many people resort to when they need help.

One major advantage of a faxless cash advance is that they do not do a background check on your credit card history as is the case with other banks. Payday loans can provide with a loan of up to $1500 and for as little as $100. The interest that is charged on this money can run up to 25% of the total loan, depending on the lender.

Criteria

There are some certain areas that the lender may need to check up one for security purposes. However, in total a person will realize that the procedure and questions asked are fewer than those that are required at a normal bank. An applicant will be required to fill in the name, date of birth and some other personal information.

It is stated that in order for a person to get a faxless cash advance, its needed to be a citizen of the U.S. in addition to that it will be needed to state whether that person has a full time job or not, and if it for the government or for a private sector. It is a requirement that in order to apply for faxless cash advance a person needs to have a salary of at least $800 per month. More so, a person needs to have a working savings account into which the money will be deposited.

Once these qualifications are met, it becomes easier and easier to apply for a faxless cash advance. Simply by following the outlines of the documents given. After that the applicant could sign or write its name on the application form and if approved, it will have the money in the bank in a matter of hours.

Repayment of the loan

If a person notices that the due date for repayment of the faxless cash advance is approaching, and that person still havenÂ’t managed to come up with the whole amount to pay, there are some options that should take in consideration. One of them is that a customer could choose to pay the lender the amount borrowed minus the fee. This fee could be paid later, or a person could decide to pay the fee first, then the loan afterwards. Lastly, a customer could choose to pay a little bit of both.

This means a person can pay half of the fee and half of the loan, then later come and pay back the balance remaining.

About NoFaxingCashAdvancePaydayLoans

NoFaxingCashAdvancePaydayLoans is a new company with an enthusiastic team, that is happy in offering faxless cash advances 24 hours a day, 7 days a week with minimal requirements.

No Fax Loans
Greg Hanss
1.877.778.3532
customercare@nofaxingcashadvnacepaydayloans.com