No Fax Payday Loans


written by

Charles Munyi
March 28, 2022

If your emergency loan application has been declined, you could be curious about what other loan options would be available for you. You may be drawn into the idea of a no fax payday loan or no credit check loan since driving around for a loan isn’t as convenient. Besides the inconvenience of being held up in traffic, you may feel embarrassed walking in and out of a payday loan store with loads of paperwork. No fax payday loans are a more appealing option if you’re looking to reduce the extensive application paperwork needed for a payday loan.

What Are No Fax Payday Loans?

No fax payday loans or faxless payday loans are emergency loans that don’t require you to send any documentation to the lender. Contrary to traditional payday loans that you must apply at a storefront, no fax payday loans don’t require you to submit any documents in person. The entire application process is done online where you fill out an application form, get an assessment for the lender, sign a contract, and have the funds sent to your bank.

How No Fax Payday Loans Work

No fax payday loans are exactly what the name suggests — you don’t need to fax any documents to a lender. You can start the application process on your lender’s website where you fill out an online application. You’ll typically need to provide your personal information, bank details, and the loan amount you want to borrow. Within minutes of hitting the submit button, the lender will review your application and you should receive a loan decision within minutes.

The lender will then send you a contract to sign. Be sure to read through all the terms and conditions, including the repayment period and any penalties that may be imposed on a late payment. Sign the contract electronically and you can expect to have the money wired into your bank account in the next business day or within hours. You can typically use the money as you wish. You’ll need to return the full loan amount plus accrued interest in your next payday. Some lenders will automatically take this money off your bank account.

Who is Eligible for No Fax Payday Loans?

The eligibility requirements for payday loans are inherently similar across the board, except that no fax payday loans don’t require you to present any physical documentation to a lender. You can apply for a no fax payday loan if you meet the following requirements:

  • Are at least 18 years of age and live in a state where payday lending is approved.
  • You are a permanent resident or citizen of the U.S.
  • You have a steady flow of income.
  • You have an active checking bank account.
  • You can provide proof of address and ID.
  • You have a working phone number and email address.

You may need to provide additional information to a lender as part of assessing your suitability for the loan.

The Bottom Line

No fax payday loans are a great option if you’re looking for a convenient way to access emergency funds without the need to present yourself at a physical storefront. The loan application process is entirely online, loan decisions are instant, and you don’t need to have an excellent credit profile.