Everything You Need to Know About No-Fax Payday Loans

Faxless payday loans are a quick option for those needing cash in a hurry. These loans are perfect for those in a financial crisis because they are available even to those with bad or no credit. 

So, what does a faxless payday loan even mean? 

A faxless payday loan requires no printed paperwork, and therefore no in-person signing of documents. You can apply to, get approved for, and sign the contracts of these loans from a mobile device at any time and from anywhere. 

Applying to faxless payday lenders can be a fast way to remove yourself from an emergency situation, but it is helpful to know the requirements and practices of these lenders before beginning the application process. 

The Perks of Faxless Payday Loans

No-fax payday loans have three major advantages: there are no hard credit checks, your credit history has minimal impact on decision making, and it is fast/easy to apply. 

  1. There are No Hard Credit Checks – The vast majority of no-fax payday lenders do not perform hard credit checks on their applicants. This means that applying for a payday loan won’t leave a negative mark on your credit, even if you are declined for a loan. 
  2. Credit History Has Minimal Impact – faxless payday loans are available to those with poor credit and no credit because the main detail for approval is current work history and the ability to quickly repay the loan. Though too many negative marks or outstanding loans can still result in denial, there are far better odds of approval for payday loans than loans from traditional lenders. 
  3. Is it Fast/Easy to Apply – Applying for a no-fax payday loan is extremely fast with the use of our online application. This form will allow the multiple lenders in our system to quickly look at your application so we can instantly show you a lender willing to approve your loan. 

Why are Faxless Pay Days Loans Better than Others?

No-fax cash advances have a major advantage over standard options, and that is how quickly they can be completed. 

Traditional loans and in-person payday lending require filling out paper documents, providing tangible copies of eligibility documentation. With faxless payday loans, you don’t even need to bother scanning your docs. All your information can be provided by filling out our online form. 

In some cases, you may need to provide a copy of your ID to a lender, but it only requires a simple photo on your smartphone. You won’t need to leave your home for any part of the loan process, other than to head to an ATM and withdraw your money. 

How do I Know if Direct Lenders Offer Faxless Payday Loans? 

The easiest way to determine if a loan is faxless is by looking at the requirements listed before beginning the loan process. Some lenders will inform you that you may need a scanner or fax machine for the application process, which is an immediate sign that it is not a faxless loan. 

A lender that offers faxless payday loans will handle the upload and checking of documentation entirely online without the need for transferring tangible documents via fax. It is a way to simplify and shorten the application process. 

Compare this to the lending process at a bank or credit union. These places will require you to submit and fax large amounts of information and even show up in person to sign paperwork and go over the terms of your loan. 

Traditional loans take much more time to apply to than faxless payday loans and the odds of approval are far lower.

How to Apply for a Faxless Payday Loan

Applying for a no-fax payday loan is simple with the application form on our site. There, you can fill in your information and include details about the amount of money you are requesting. Then, we will send you information to our database of lenders and quickly show you a lender that is willing to approve your loan. 

From there, you will be directed to your lender’s site where you can easily view your lending offer and sign for your loan. The process is so fast you may even get your funds the same day!

Do I Need Good Credit for a No-Fax Payday Loan? 

You do not need good credit to be approved for a faxless payday loan. In fact, this type of loan is approved for most people no matter their credit score. The eligibility for these loans is based on your current job and ability to repay rather than your credit history. 

There is no 100% guarantee that a person will be approved, but those who are used to being turned away from traditional lenders may find the funds they need from a payday lender. 

Am I Eligible for a No-Fax Payday Loan?

The qualifications for a payday loan are simple but can vary slightly from state to state. Some of the requirements that are the same in most states are:

  • Be a minimum of 18 years of age
  • Be a US citizen or a permanent US resident
  • Have a verifiable income
  • Have active contact information
  • Have an active checking or savings account