No Faxing Payday Cash Advance Loans - The Option for Quick Cash

Jan. 3, 2010 - PRLog -- Car repairs and unexpected doctor visits always interfere with the best plans. Fortunately, online loans are available within 24 hours without faxing documents or enduring endless hassles.

Aurora Lillo Editor of the "Best Cash Advance Lenders" website -- http://www.BestCashAdvanceLenders.com -- pointed out;


“…Finding the best cash advance companies requires a few minutes searching and comparing lending policies. Interest rates vary among lenders as do repayment terms. The best companies provide full disclosure of all terms and encourage review of all documents before asking for a commitment. The process is fast, but the process is only as fast as each applicant chooses. Online applications streamline the process and do not require faxing documents or actual signatures for approval. The best companies approve online applications within a few minutes and transfer funds the same day…”

Payday loans provide a ready source of funds for short-term loans. Interest rates on payday loans are somewhat higher than traditional loans and reflect the intended purpose. Long-term loans are a better choice if repayment requires more than a month. However, for a few days or weeks, a temporary cash advance until the next paycheck arrives may resolve an end-of-the-month pinch.

Qualification for a cash advance is easy. Anyone who is at least 18 years of age, currently employed, and has a checking account may apply. The best companies do not require high credit ratings. The strength of the loan and repayment rely on current employment. In addition, collateral is not required. Polices vary among companies when an applicant filed bankruptcy in the past. A bankruptcy discharge in the preceding 12 months may disqualify an applicant, but policies differ among companies. A few companies do not approval loans for active military personnel.

Repayment is generally expected within 10 days to two weeks. A borrower may transfer repayment funds online from a personal checking account to a lender. Repayment extensions are available but do increase costs. Late payments result in a penalty, but avoiding penalties is easy if arranging for an extension in advance.

“…Compare several of the top-rated firms before selecting a lender. All reputable companies enjoy answering customer questions and working cooperatively with each borrower to insure a smooth transaction. Company websites should provide easy access to email correspondence, a personal account, and a complete description of all policies and procedures required to receive a loan. Ask questions about contracts, fees, costs and repayment. Require prompt and complete answers to all questions before committing…” added A. Lillo.

Further information and up to $1,000 instant approval payday loans regardless of your credit by visiting: http://www.BestCashAdvanceLenders.com