A Faxless Payday Loan is Genuine and Safe

14/06/2012 11:13

When you need money for an emergency, there's no point in applying for a loan to any traditional financial institution in view of the bureaucracy involved. Furthermore, you can never be certain whether the loan will be approved or not and even if it is, by the time you get the money the emergency will be long past. In such circumstances, the only option is to apply for a payday loan where neither your credit rating nor faxing of documents is necessary for the loan to be approved. The only requirements for these guaranteed acceptance loans are for the applicant to be a citizen, above 18, employed and drawing a minimum salary of $1000 a month.

The applicant must also have a checking account to which his salary is sent monthly. This is to ensure that in case the borrower defaults payment, the lender is able to debit his account for the amount due to him. Just make sure that your loan provider is a licensed and trusted money lender. made a post