Faxing Loan No Payday Signature

No Faxing Payday Loans Educates Customers About Loan Options

(PRWEB) February 18, 2012

No Faxing Payday Loans is happy to announce the posting of a new article to its site. No Faxing Payday Loans is an online resource providing potential borrowers access and information about receiving payday loans from its trusted network of reputable lenders. The website offers a simple application process to gain entry to a gateway of local lenders offering payday loans. No Faxing Payday Loans has added an educational resource in the form of an informative article guiding borrowers through the payday loan process and helping consumers make sure they’re making the right decision about receiving a quick cash advance.

“We want the No Faxing Payday Loans website to provide not only a valuable service, but also be a valuable source of information for potential borrowers,” said spokesperson Jon Goldmeyer. “An in-depth article shows customers how the payday lending process works so that they’ll know the ins and outs when deciding which lender and which particular loan might be right for them.”

No Faxing Payday Loans works with a trusted network of lenders to provide quick, no fax payday loans to borrowers in need of emergency cash. The new informational resource, entitled “How It Works,” available on the website goes through the process step-by-step. Customers apply to gain access to lenders in their area through the website’s simple gateway, providing contact information, a checking account number to receive funds, proof of income, and proof of citizenship or permanent residency in the United States. From that point, if eligible, customers are provided with one or more payday loan options, which they are able to choose from at that point.

The Truth in Lending Act mandates that all loan rates and terms be divulged in writing prior to a loan being agreed to. The lender provides a contract and the customer can read it over before deciding to agree to the loan terms. With No Faxing Payday Loans, the loan contract process is done online via e-signature, so there is no need to mail or fax signed forms. There is also no waiting for a check to come in the mail, as customers receive the funds disbursed directly into the bank account they have provided.

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