Many online cash advance lenders use a database the check to see if you have defaulted on this type of loan before, or if your credit is really bad. This is the only type of credit check that can be done in the short period of time promised. The advantage of this is that people with no or poor credit loans will not be in their database and therefore their loans will be approved. Are you running short on funds and need a little help to get you by till next payday?
Have you run into a car repair or another type of emergency that you were not prepared for? This happens every single day and that is why there are online cash advances to help you get the money you need for a short term fix. You can get what you need without even leaving your home and here is how. When you are looking for some extra cash you can get an online cash advance in two different fashions.
One is to get one the normal way and this is for those of you that need more than $500. The other way is to get a no faxing cash advance, which is going to only give you up to about $500, but you can get it the same day or next day and it is very easy to do. The approval process is a very simple one which pretty much takes your word for much of the information you supply.
It is important to make your application look as good as possible and make sure you give your gross salary or regular pay, and not the amount you actually receive. If you have income from other sources such as tax credits, part pensions, rental income, a part time hobby that derives an income, make sure you include these too.
You can still get your loan within 24 to 48 hours, but you will have to run to a fax machine, unless you own one, and send in some documents. These are usually paycheck stubs, bank statements, copy of a photo ID, a utility bill for address verification, and a voided check from an active checking account. There might be a couple of other things, but these are the normal documents they ask for with online cash advance.
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