What is a Faxless Cash Advance?
A faxless cash advance is a short-term loan that is approved based on employment income and confirmation of payroll direct deposit. A cash advance is also known as a payday advance and is due in full on your next payday. There are no credit checks done with a cash advance. Instead, the applicant is required to provide detailed financial information for a short-term loan. In a faxless cash advance, the applicant completes an online form and provides the company with the website address for their bank, their bank account number, and password. A representative from the finance company uses this information to access the banking details and confirm the payroll is being deposited directly into the applicant’s bank account. At the same time, the company checks for any other outstanding payday loans. In a standard cash advance, the applicant is required to provide paper copies of their most recent pay statements, the last 30 to 60 days of banking transactions. A standard form is printed, sign
When money is tight, and you need some help paying for important bills or necessities, a faxless cash advance offers a quick method of handling your finances until you get paid again. The cash advance industry has grown tremendously in the past few years and has adapted their lending procedures to our fast pace Internet world. Being able to apply online made the process simpler, but there was one problem: you had to have a fax machine to send the lender your documents for verification. If you didn’t have one in your home, you would have to go to a store and pay for a fax to be sent. With the arrival of the faxless cash advance, you can complete the entire application process in your own home at any time, day or night. Faxless cash advances have other advantages. Like all cash loans, they are private – you don’t even have to go into a store anymore. They are also confidential. Most lenders do their utmost to insure that their lending websites are secure. When you select a lender, make s
A faxless cash advance is a loan that doesn’t require you (the borrower) to fax any information to our call center for loan approval. While almost all applications are processed without any faxed documents, we occasionally cannot verify some of the information in your application. In this case, we may request that you fax in several documents. What do I need to qualify? It’s easy to qualify for a loan from The Web ATM: You must have an active account in your name. You must have direct deposit of your income into your bank account. You must have full time employment. You must be able to be contacted at work. You must be 18 years or older. Your take home pay must be at least $1,000.00 per month. What if I have bad credit or no credit? No problem. You can still qualify for a loan with us, even if you have bad credit, slow credit or no credit. Simply complete the online application form and as soon as we are able to verify your personal information, you could be approved for one of our loa
A faxless cash advance is a loan that doesn’t require you (the borrower) to fax any information to our call center for loan approval. While almost all applications are processed without any faxed documents, we occasionally cannot verify some of the information in your application. In this case, we may request that you fax in several documents. What do I need to qualify? It’s easy to qualify for a WebPayday loan: You must have a checking account in your name. You must have direct deposit of your income into your checking account and are paid bi-weekly or semi-monthly. You must have full time employment. You must be able to be contacted at work. You must be 18 years or older. Your take home pay must be at least $1,000.00 per month. What happens when I fill in the application? We will review your application. We will call to verify your employment and other application information. If approved, we will deposit the money into your checking account the next business day. If we are not able
This type of loan is a cash advance that matures in 14 days (or until your next payday). Although its interest rate is noticeably higher than some long term financing instruments, a cash advance is ideal for borrowing small amounts of money that needs to be used to pay for essential items such as utility, medical bills and others. The beauty of cash advances is that it is fairly easy to acquire one as long as youre a properly recognized employee. How does it work? A faxless cash advance works like this: upon knowing that you need a handful of dollars to pay for something (lets say you need $250 to pay for the water), you ring up your cash loan company or complete an application form online. Since this is a faxless form of cash advance, you dont have to send them any more details than the bare minimum, thus making the whole process faster and even allowing you to be pre-approved in a matter of minutes! Before you know it, your loan is then deposited to your account for you to use at you
