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What you should know about no fax payday loans

How To Get No Fax Payday Loans

Updated on April 20, 2021


When applying for a payday loan, some lenders will require you to fax them your personal information, such as a simple bank statement to prove that you have a checking account and a paycheck stub to prove that you are currently employed.

Since fax machines are becoming more and more obsolete, some people just see using them as an inconvenience - as they may have to rush over to the nearest Staples or OfficeMax and pay money to use theirs.

With no fax payday loans, you can send all the information you need to the lender online. Typical no fax payday loans can be taken out for up to $5,000 and the term period usually lasts for two weeks, but you can request longer payment periods that can range up to 28 days.

However, with a longer term period, you can also expect higher interest rates, so if you're looking to avoid excessive interest, taking a out a short-term no fax payday loan might be a better option. Some lenders even allow you to pay back the loan in installments.

Photograph of author Joseph Priebe

Joseph Priebe

Joseph Priebe takes pride in assisting audiences with his articles to help them make sound financial decisions.

With over ten years of experience writing financial content his goal at CASH 1 has always been creating engaging and easy-to-digest information for anyone searching for immediate or long-term monetary solutions.

When Joseph is not writing about personal finance, you can find him photographing the Southwest United States with his 4x5 Graflex Crown Graphic camera. He is based in Phoenix, Arizona.