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What Is A No Faxing, No Teletrack Payday Loan?

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What Is A No Faxing, No Teletrack Payday Loan?

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No Faxing, no teletrack payday loans are an even simpler and more hassle free version of payday loans. No faxing means exactly what the term implies you don’t need to indulge in any faxes or paper work. You apply for the loan online, and complete all the formalities without actually faxing any documents or indulging in any kind of paper work. That explains the no faxing part, now the no teletrack part. Teletracking is a practice that loan companies undertake to know more about the applicant’s credit, loan and repayment history. If you have a bad credit history, your loan can be refused. But in a no teletracking payday advance, there are no background checks. This means that you can get a loan even if you have a credit history which isn’t very favorable.

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