"We want to keep consumers aware of the information lenders may acquire about them even if they do not submit any verification documents to a lender directly," says Alison Lin, co-founder of The Payday Hound.
The Payday Hound explains the process by addressing three key questions: (1) what do payday lenders look at to determine if an applicant qualifies for a loan, (2) how do no faxing payday lenders verify an applicant's information, and (3) can no faxing payday lenders still ask for verification documents. To address these questions, The Payday Hound sheds light on the documents that payday lenders look at, the verification services that they use, the people or places that they contact, and more.
The Payday Hound's full "How No Faxing Payday Loans Work" article can be found at http://www.thepaydayhound.com/
About The Payday Hound:
The Payday Hound delivers comprehensive rankings and reviews of alternative financial services products, including secured cards and payday loans at http://www.thepaydayhound.com. The site aims to serve consumers in this large but underserved market by providing more in-depth, impartial, and relevant product reviews than anyone else on the web. The site launched in 2012 by financial service industry veterans through Contigo Direct LLC, a Nevada corporation. To contact The Payday Hound, please email Alison Lin at firstname.lastname@example.org.