FaxlessPaydayLoan.com helps educate consumers on the payday lending process, as well as the policies and procedures used to approve payday loan applications.
(PRWEB) April 18, 2012
FaxlessPaydayLoan.com has updated its extensive collection of online educational resources to include expertly written content on payday lending policies and procedures, as well as information about federal and state payday loan regulations. The newest article, “Why Choose Us,” offers sound advice for borrowing wisely and explains why FaxlessPaydayLoan.com is America’s No. 1 faxless payday loan lender — above all other lending websites and storefront payday lending locations across the country.
"FaxlessPaydayLoan.com helps educate consumers on the payday lending process, as well as the policies and procedures used to approve payday loan applications,” said company spokesperson James Black. “We give consumers the educational resources necessary to not only make smart payday lending decisions, but also to remain informed throughout the process.”
FaxlessPaydayLoan.com gives consumers access to its network of reputable lenders via a faxless, no-hassle, easy-to-complete instant loan application. Select requirements for approval include age, employment history, income level, and citizenship status. Borrowers must be age 18 or older, provide proof of employment, earn at least $1,000 per month after taxes, and be a U.S. citizen or legal resident. Once approved, loans are electronically deposited into the borrower’s checking account, which must be in the borrower’s name and active at the time of the deposit. FaxlessPaydayLoan.com may get consumers approved for loans of up to $1,500; however, borrowers also may be approved for loan amounts less than requested.
FaxlessPaydayLoan.com offers an array of educational resources to help consumers obtain the most competitive loan rates around, while building the healthiest borrowing habits going forward. For example, consumers are urged to create a repayment plan before taking out a payday loan to prevent small financial setbacks from very quickly escalating into large-scale catastrophes. Consumers can choose from a wide range of article topics, including rates and fees, minimum qualifications, benefits of instant approval online loans, credit repair, and general payday lending tips.
When consumers visit the FaxlessPaydayLoan.com website, they have immediate access to all for the site’s educational resources. The online application also is provided free of charge, without obligation to accept any loan offered.