There are some online cash advance company will ask you to fax in proof of income and there are some cash advance loan companies online that can help you through the approval process without a fax to send. No fax payday loans can be very easy, but sometimes you will pay higher fees for that convenience. Sometimes it becomes a problem and can be embarrassing. Getting a payday loan or cash advance online you are very careful. Here are some things you should know before getting a cash advance loan online.
Fees: Fees for a payday loan or cash advance loans are usually around $ 20-30 per $ 100 borrowed, (usually per week). However, there are companies that, for your first payday loan, charges no interest at all. Thats right, your first payday loan with them free of interest. There are also some cash advance loan companies online that only charge $ 10 per $ 100 borrowed. (For a list of recommended payday loan companies, click on the link below)
When You Get Paid: The time it takes to receive a cash advance is usually 24 hours or the next business day. However, there are some companies that will transfer the money directly into your account within 1 hour. Other companies can take as long as 48 hours to deposit money into your account, it depends on the company you go with. They should tell you up front or the home page of their website should tell you when you can expect to receive the funds.
Credit Check: For payday loans or cash advance loans, usually no credit checks. Usually you only need to verify your income with a bank statement, paycheck stub or both.
Tips for saving money on fees: Here’s a tip to save money as much as possible with the cost. Only use the check loan or payday loan from the time you actually have to have the money, up to the first possible day you can pay it off. Just have the money sitting in your account charging you interest by the day can be expensive when it is not needed. Make sure you use it for the shortest amount of time possible.
To see a list and description of some of the best payday loan, cash advance or check loan companies online, visit Recommended Payday