Answers to Commonly Asked Questions

How much money can I borrow from Faxless Cash Advance Payday Loan?

Depending on your income, you can borrow up to $1,500--and get it just as quickly as you can smaller sums.

How can Faxless Cash Advance Payday Loan approve people with bad credit? There must be a catch.

There's no catch. Because you're borrowing against your next paycheck, all we require is that you have a job and direct deposit. The money will be automatically withdrawn after your paycheck is deposited, meaning you won't have to worry about mailing off a check or paying late charges.

Considering how much easier it is to borrow money from Faxless Cash Advance Payday Loan compared to some of the other payday loan companies, there has to be a higher fee for the service, right?

We offer superior quality, speed and security simply because we want your business--not because we want to charge more money. We offer competitive rates with no hidden charges or application fees. Plus, a one-time payment means no accruing interest or incoming-draining bills in the future.

You say there's no risk involved, but isn't it risky to submit personal information and my bank account number over the Internet?

Keeping your vital information secure is a top priority at Faxless Cash Advance Payday Loan, where we utilize the latest encryption technology to safeguard our website. Plus, we ensure that your application will be handled by a trained loan professional.

What if my bank account is overdrawn? Would I still be eligible to borrow money from Faxless Cash Advance Payday Loan?

Yes. In fact, that's the reason many of our customers come to us in the first place. With the exorbitant overdraft fees charged by most banks, they find it's less expensive to replenish the account with money borrowed from Faxless Cash Advance Payday Loan than to weather the financial storm brought on by several bounced checks or overdrafts.

Faxless Cash Advance Payday Loan sounds like a great idea to people who need cash in a hurry, but what do financial experts think about this type of service?

Many have voiced their support for such companies as Faxless Cash Advance Payday Loan, saying they and their payday loans open financial doors to those who have been shut out by conventional lenders. One of these experts is Dr. Tom Lehman, a renowned professor of economics at Indiana Wesleyan University, who said a companies like Faxless Cash Advance Payday Loan makes "small loans available to mass sectors of the population, and particularly the poor, that would not have had access to credit of any kind in the past." And a report issued by the Federal Reserve Bank of New York concluded, "Payday lenders raise household welfare by relaxing credit constraints."