People often use the Internet to find financial services that don’t require a pile of papers to be filed. Regular lending companies require pay check stubs, proof of address, copy of documents, etc. Online lenders rely on the information contained in the application form, which are usually verifiable. For this reason an online lender may never ask for any documents to be faxed or submitted in other form. If the information submitted is not verifiable, a faxless payday loan may not be possible. A lender can request additional information to approve your application.
Most lenders offer faxless and paperless payday loans
Majority of direct lenders operating online offer easy and hassle-free loans that are 100% faxless and paperless. However, there are cases when a lender has no choice and may request a document to be faxed or emailed, for instance, when you are self-employed. In order to verify your employment a lender may want to see your tax return. The return don’t have to be faxed. It may be submitted by email.
Faxless loans available online 24/7
You can apply for a payday loan all week long, 24 hours a day. The services are closed on major national holidays, otherwise, they are available at any time of the day and night. When you submit your application, you can expect the money on the same day or the next business day. Although the services are open on weekends (Fridays night, Saturdays and Sundays), there may be no way to transfer money into your account until the next business day.