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No Faxing Payday Loans

Saving you Time and a Headache

Most lending companies require the borrower to send in a recent bank statement or a voided check in order to be approved for a loan. This is usually required in order to ensure that the borrower has enough funds to cover their loan, whether it is long or short-term. The process is relatively simple if the borrower has a fax machine in their home or at their place of employment. If the borrower does not have a fax machine available at their disposal, this task can pose a delay in the payday loan approval process.

There are several options available for individuals that do not have access to a fax machine in their home or office. Public libraries often offer fax machine services, as well as local colleges and universities. Shipping and printing companies like FedEx Kinko’s, offer fax machine services for around a dollar or less a page, depending on the area and franchise. Other faxing services can be found at Mailboxes, Etc. and Postnet. While these options do provide a relatively easy way to send a fax, they still require time.

The faxless payday loan advantage saves you the time of finding a fax machine and waiting for the fax to be processed. Your loan approval will be faster, in most cases, if there is no need for a faxed bank statement or voided check. In addition, no faxing payday loans help the environment by using less paper, so you can feel good about them too!

At PayDayMax, we know you’ve got enough to think about when you’re in a financial emergency and need an online payday loan. That’s why we’ve been working very hard to eliminate almost all of our faxing from the approval process. We are very close to being able to provide no faxing payday loans for all of our valuable customers. For previous customers the need for faxing a bank statement may not be necessary, as we may use their previous statement for 90 days.

*Depending on their qualifications, new customers may or may not need to send in a fax to be approved for a payday loan. In some cases, a fax will be required in order to deposit a payday loan into the individuals account.

Continued: Faxless Payday Loans

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