No Fax Loans

Written by Rylee Newton
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If you need an emergency loan, you can log onto the Internet and apply for a payday advance loan. In most cases it takes just a few minutes to fill out the application. If you return the information during normal banking hours, your loan should be processed by the next business day.

Say Goodbye to the Fax Machine

Applying for a cash advance loan online offers greater security than faxing in your loan application. When you fill out your forms online, you need a password and screen name to access your personal information. You can use this information to check account balance and payment dates, and you can even renegotiate the terms of your loan online. If you fax in your information, there's no telling how many people review your personal data before the fax reaches the appropriate destination.

If you need money in a hurry, no fax loans are the ideal option. Rather than waiting around for approval, you will receive a confirmation e-mail the same day you apply for your loan. If you have to fax in your loan application, you may have to wait for hours at a time near the fax machine for confirmation and approval.

When you fax in your application, you can expect to wait several days before you actually have your check in hand. When you apply online, the funds are posted directly into your checking account using an electronic funds transfer system. Funds transfer systems are federally regulated, which helps to protect you from fraud.

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