Often it is the missing documents that come in the way of availing an urgent loan. The lenders ask for the papers at the time of making the application. Or, you may not find the fax machine around your locality. Such hurdles can be offset through opting for , which do not at all require the salaried people to send any documents of salary, proof of residence, employment record etc to the lender. Despite not faxing the papers, the borrowed amount comes in the applicants' bank checking account within 24 hours or next business day. But you must fill the online application with correct details. To be eligible, you must be getting fixed monthly salary from the current job for past at least six months and there must be a valid bank checking amount by your name. An amount ranging from ?100 to ?1500 is accessible under fax less payday loans just against a post-dated cheque that consists of the loaned amount plus interest payments on it. It is only for 14 days that the approval comes, implying that you can repay the amount on next payday. But, just on interest payments, you can also rollover the loan for few weeks. Another feature is that you will not be subjected to credit checks, implying that the loan is instantly accessible even with the borrowers' bad credit history of late payments and defaults. You can make use of the amount for repaying any urgent bill or for any other regular purpose. However, note that interest rate on fax less payday loans goes higher and makes the repayment burdensome in case the loan is rolled over. Hence, it is advisable to first compare as many such offers on internet. You may be able to locate a suitable deal at competitive rates. But ensure that the repayment is made on time. |
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