No Fax Payday Loans: Applying is Faster and Easier
Almost everyone agrees that the biggest hassle of applying for any type of loan is the paperwork. You have to complete a lengthy application, submit tons of documents, and then if you get rejected do it all over again.
Faxless payday loans eliminate these inconveniences and more. You can do everything from the comfort of your home in much less time.
- No driving from lender to lender.
- No having to complete many different applications.
- No toting around all your important papers in a file folder.
Now all you have to do is sit down, log onto the Internet, and complete a quick and easy application. It usually takes less than a minute or two. Submit your application and it goes directly to dozens of lenders in our network.
No Background Check or Collateral
Our lenders will lend you money for your financial emergency -- even if you have bad or no credit. They also don't require collateral. That means no signing over your car title or attaching the loan to property that can be repossessed.
All Your Sensitive Information Handled Securely
No one wants to carry sensitive information, like social security numbers, paychecks, and bank account numbers to a public place to fax. But that's how you used to have to get a payday loan. Not anymore.
A no fax loan is done completely over the Internet from the comfort of your own home. All you need is an Internet connection or mobile phone with Internet access.
You simply complete the short and secure, online application and wait for your loan offers.
Start Receiving Loan Approvals in Your Inbox in Minutes
Then check your inbox -- usually it's a matter of minutes -- for your loan offers.
Here's the best part of our process. It's competitive. Lenders know others are competing for your loan and that you'll compare offers, so there more likely to give you better rates and terms.
Review and Select the Best Loan
You typically receive multiple loan offers, so you can compare them and pick the loan that is best. Make sure you consider everything: interest rate, loans fees, and repayment schedule. You should also review how long it takes to get your cash. Many lenders can turn your loan around as soon as the next business day -- and they deposit it directly to your bank account.
Now that you know how easy it is, there are only two questions you need to answer to see if you can qualify. First, do you have a job and get paid regularly? Second, do you have an active bank account? If so, you're likely to get approved for the emergency cash you need. Also, you need to be 18 years or older and a U.S. citizen.
Managing Your Payday Loan, Paycheck, and Credit Report
Now that you've made a decision to move forward with a loan, let's look at 5 things you can do to make the most of it. Do these and you’ll put yourself in a better position next time you face a financial emergency.
- Spend Your Cash Wisely - Odds are you're here because you have a pressing financial emergency. Your power, phone or water is about to get disconnected. You have a medical emergency or maybe, you need to fix your car so you can get to work everyday. Once you get the cash in hand you may be tempted to use it for some other purpose, but don't. Then you'll only face another financial emergency.
- Pay the Loan Back On Time - The best thing you can do to put yourself in position to get a better and less expensive loan in the future is pay this one back on schedule. This shows lenders, banks and credit card companies that you can handle credit wisely. Even if you've messed up in the past, you can make a fresh start with this loan. If the loan is due in one payment and you know it will stretch your paycheck, ask for extra hours at work, take a part-time job, or think of something you can sell.
- Budget Your Money - This is also a good time to start budgeting your money if you don't already. A budget is plan on how you will spend your money. You decide beforehand where it will go instead of just reacting to every need or want that comes along. There are plenty of good budgeting websites online. Take some time to review them and set up a budget.
- Pay Yourself First - This is another way of saying save a little from your paycheck each time you get paid. This is a great habit to start now. Ideally, you should set aside at least 10 percent of your check. If that's not possible set aside what you can even if it's five dollars and keep doing it every time you get paid.
- Check Out Your Credit Report - Sometimes a low credit score is due to errors on your credit report. You can go to www.annualcreditreport.com and get a free credit report. Federal law requires each credit-reporting agency, Experian, Transunion and Equifax to provide you a free report one time each year. Look over your report and if you find any inaccuracies, follow the instructions for disputing the error.