(PRWEB) May 02, 2012
NoFaxCashAdvance.com is now offering consumers a free educational article that discusses the many benefits of payday loans, especially the kind that do not require prospective borrowers to fax in any documents during the application process. The company has introduced the article as part of its overall effort to provide people with abundant information about their online payday loans and lending process and get them to strongly consider obtaining a cash advance when they are dealing with an emergency financial situation. The new material is just one of numerous informational resources that are accessible from the NoFaxCashAdvance.com homepage.
“NoFaxCashAdvance.com has made it easy for consumers to learn everything there is to know about payday loans,” says NoFaxCashAdvance.com spokesperson Jim Negg. “We know that there are so many advantages to cash advances, and with our new article, we are making a concerted effort to spell out these advantages for people in the clearest, most concise terms possible. It’s time for people who may still not be familiar with us to find out exactly how our loans can benefit them.”
The main advantage of a no fax cash advance should be clear from the phrase alone, as there is no faxing required. This is helpful since many people do not have access to a fax machine at home, so they would have to leave the house to even apply for this kind of financial help. When no faxing is required, the online application process goes smoothly and can be completed speedily. The result is that loan funds can be obtained extremely quickly, within one business day in all cases.
Another benefit of this type of loan is that there is no minimum credit score required. When people apply for a traditional bank loan, they usually have to have a good credit score to get the money they need. If they can even get the loan with a low score, they face high interest rates. Fast cash advances have the same rates for all borrowers, regardless of their credit scores, so no one is at a disadvantage when borrowing money.
Not only is a low credit score OK, but also there are very few eligibility requirements for loan borrowers. As long as borrowers have a job that brings in at least $1,000 monthly after taxes, they can generally qualify for the loan. Additional requirements include having a bank account, being a U.S. citizen or legal resident, and being at least 18 years of age. Most people are able to prove these details with ease when there is no faxing required and everything is done online. NoFaxCashAdvance.com expects that consumers in need of fast cash should find their free articles interesting and informative, as well as able to answer most of the questions they may have about payday loans.