Paycheck loans are available to people who have a really poor credit history. They are popular with discharged bankrupts who are unable to pass a credit check. Same day loans can be taken out without faxing the lender information, provided that you are in a position to meet the eligibility criteria which is specified by the lender.
Eligibility for payday loans with no faxing
Country of citizenship
You must be a citizen of the country where you are submitting your application. Age of the applicant
In order to apply for a loan from a payday lender, you must be at least 18 years old. Work and employment
Unless you have a full-time job at a defined rate of income, you are ineligible for a fast and easy loan. You need not be in a permanent position, but you will need to prove that you make enough money to repay the debt and any interest that has accrued. Required identification
You are expected to provide two forms of identification, such as your passport, driving licence, bank statement or utility bill. If you do not have any of these, the lender will be able to provide you with a list of acceptable forms of I.D. Bank verification
A payday advance loan cannot be paid into an account which is in the name of a third party. No faxing loans can only be sent to an account which is in the name of the borrower.
When will I receive my no faxing loans?
Cash loans now or later?
Provided that you submit your application prior to 2.30 pm, you will get cash today. If you apply towards the end of the business day, you will receive payment within a maximum of 24 hours. Payment cannot be made in cash, only by bank transfer. What can I spend the money on?
There are no restrictions with respect to how the money can be spent. It does not matter if you are fixing your auto or planning to buy some designer clothing in the sale. The lender will never ask you why you need to borrow money. What happens if I default on a pay day advance?
Instant loans from a payday cash lender are provided on an unsecured basis. Although this means that you don't stand to lose any collateral, there are negative consequences associated with default. You'll continue to pay interest at a usury rate for as long as the debt remains unpaid, and you'll be chased by debt collection agencies for full repayment.