Online payday loans no faxing: Instant money in just a few clicks

Online payday loans no faxing are small short-term cash advances that may greatly help you in case you need money urgently and your next payday is still few weeks away. These types of loan services have been specially designed for people who have bad credit scores and who cannot get loans from banks. In most case, the bankers also require a security deposit from the borrower in order to give them a loan. On the contrary, providers of payday loans have no such requirements. They do not even take into consideration your credit history. Their only aim is to help people in financial difficulties.

As the name suggests, to get online payday loans no faxing, the borrower only needs an Internet connection. He no longer has to stand in long lines for hours just to meet the banker and he does not even have to go through a pile of paperwork. To get a payday loan from the online lenders, the borrower just has to follow two simple steps. He only has to fill in the online forms and wait for at most 24 hours before getting his cash advance. It cannot get any simpler than that. It will take him only few minutes to complete the whole process.

However, to be eligible for online payday loans no faxing, the borrower must meet a few basic requirements, namely:

• He must be a United States citizen
• He must have 18 years old or above
• He must have a stable job or another regular source of income
• He must have a valid checking or savings account with option for direct deposit

A few lenders may also require a permanent residential address proof and a social security number to process the loan request. These details are treated with a very high level of confidentiality. The repayment must be completed by the next payday of the lender but in case he does not have the funds in his account, an extension may be obtained.