Faxless Payday Advance - Oh Yeah!
Thats right people, the faxless payday advance has finally come to be, a reality for the online search for faster, more effective payday loans. It used to be you could apply online, them go to the nearest fax machine (wherever that was) and send in your personal information (I.D., personal check, proof of employment and income). Not anymore, your payday advance has been maximized for speed while minimized in consumer protection.
Faxelss payday advance - lookin' sharp!
Like an Italian sports car, or German sedan, American automotive anything - the
- easy and basic application
- fast and broad approval
- instant deposit into your bank account via electronic transfers
its when you finally get them that the troubles begin.
All the problems without the fax
The first sign of trouble is that you don't have all the facts - you've taken out a
- you are required to take the full amount of the loan plus whatever fees the lender adds on for their service
- you are required to repay that loan in full plus their charges on the exact date quoted to you - no earlier, no later.
- if earlier you will pay an early repayment fee, a one time expense, extra cash, but really not that big of a deal. What is a big deal is if you pay it off late. Even a day past your repayment date and you will be charged an additional fee for their "roll-over" service. And you cannot simply keep paying the fees and expect your loan balance to disappear. Oh no, these fees are in addition to your balance, and as long as there remains a single cent left on the advance amount you will still be charged that high extension fee.
So the
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