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($$) Anyone looking for a no fax payday loan does not have to look very far these days. The process involves an online application and approval usually within minutes. Simply go online and do a quick search for anything related to “Payday Loans” or “Cash Advances” and you search will return plenty of result options. Now in case you are wondering what “no fax payday loans” are – they are just a short term loan like any other.
The “no fax” part just means that you can apply for the loan online and be approved without having to fax in any additional documents. The primary reason this is advertised so much at online payday lender’s sites is largely as an ease of use benefit. If people do not have to fax anything in then it is just easier, plus most people do not have a fax machine at home.
Even if a lender advertises no fax payday loans it does not automatically mean that applies to everyone. The quick online application and approval process is for customers that meet certain basic criteria, such as an income of at least $1000 per month, and a checking account where your pay check is directly deposited. It is also necessary to have no recent record of default in their system. Compared to conventional lenders this approval process is very basic and easy to get approved for a loan.
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