Get a Faxless Payday Loan Today

A payday loan provides a person with cash in advance. A payday loan can be provided for those who are facing financial hardships or those who are looking to receive cash before an actual paycheck. Payday loans are protected against a future source of income such as a paycheck or a government payment.Easy Online Payday Loan is the #1 site you can count on for all your faxless payday loan needs. When you need a payday loan, think of Easy Online Payday Loan!

Our remarkably fast and simple form is what sets us apart from the rest. Our lending partners require that you are at least 18 years of age, maintain a regular source of income, and have a direct deposit system set up with your local bank. If you meet the qualifications listed above then you may be on your way to getting the cash you need - get started with us today!!
What is a Faxless Payday Loan?
A payday loan is a short-term loan to cover your spending needs. It is secured against your future paycheck. These loans have grown in popularity for years, and now this is the main tool of assistance to get you out of that sticky situation or get you that new luxury toy.

Your transaction information is completely private. What you provide to us stays with us! No one will ever know you took out a loan.
Payday Loan Reforms in Law

In the past several years, the amount of payday loan lenders has sky rocketed. More payday loan lenders have developed because of the profitable return rate on their short term loans. Since the service is so convenient, many companies have cashed in on the idea of payday lending. However, the rapid growth in lenders has caused Congress to enforce laws to prevent payday loan companies from taking advantage of their vulnerable customers.

First, the government pushed for states to put caps on interest rates. However, several states deregulated the caps in fear of lenders moving out of state. Although the caps seemed beneficial to consumers, many lending companies were including hidden fees into the loans. This caused a reform, which balanced Congress’ intervention and state governments push for deregulation.

Each state falls within one of the three categories of loan regulation. The first category ensures that all payday lenders follow the state’s small loan laws. Usually, under these laws the interest cap is set low-usually less than 36%. Also, these laws regulate lengths of the loans, along with prohibiting contract revisions by the lenders. This category of payday lending makes it virtually impossible for companies issuing payday loans to make profit. It is a way for states to force payday lenders to be fair to their customers.

The second category includes the states that allow lenders and consumers to agree on any interest amount. Each lender can modify their interest rates as long as the borrower consents to that amount. However, states that follow category two still always abide by the state’s small loan acts.

The third category allows pay day lending, but puts certain restrictions on it. The states that abide by category three have maximum interest amounts. For example, North Carolina can only charge up to 15% on a maximum loan of $300. By setting maximums, the government is able to regulate how much consumers are being charged for lending services. Also, by setting a maximum loan amount, the government can regulate how much debt a person can be in with a lending company.

In every category, there are laws that protect the borrower from spiraling into long term debt. The government intervention has helped many people from becoming over their head in debt, while still allowing them cash advances if they need them.

Frequently Asked Questions

What is a payday loan or a cash advance?
A payday loan provides a person with cash in advance. A payday loan can be provided for those who are facing financial hardships or those who are looking to receive cash before an actual paycheck. Payday loans are protected against a future source of income such as a paycheck or a government payment.

How can I get qualified?
These are the typical requirements from many payday lenders:

- Maintain a job or a regular source of income
- Have a monthly income is at least $1000
- Have an active checking or savings account
- Beat least 18 years old as well as a United States Citizen

Please note that additional requirements may apply depending on which lender you choose.

How long does it take to get a payday loan?
With Easy Online Payday Loan, applicants should receive approval shortly after they complete the online form. Following this, funds will be electronically transferred into your back account on the next business day if approved.

What if my credit is bad or I’ve filed for bankruptcy?
Since payday loans are completely secured against your paycheck most people will have an easy time qualifying for a loan. Whatever your financial situation might be, there is a good a lender will work with you.

How safe is it to apply for payday loans online?
Completely safe. Do visit our security page for more information on this subject.

How a Faxless Payday Loan Works

At Easy Online Payday Loan we try to make our online form as pain-free as possible. All that is needed on your behalf is to fill out our online form and we take care of the rest - we work to find a lender who is willing to issue you a loan. Just make sure to fill out the form with the most up to date and relevant information so we can better assist you.

After the form is submitted, we will work with our lending partners to find you a loan. On some occasions a lender may you ask you simply fax in documents in order to verify the information provided is accurate and up-to-date.

Make sure to establish a direct deposit with your bank if you have not already done so. Be sure to have the proper finances set up so to reach your payment goals.

How can I qualify for a payday loan?

Most lenders require the following:

• Maintain a job or have an income from welfare or social security.
(If employed, you must make at least $1000 per month or $800 if you receive income through a governmental program).
• Be at least 18 years of age and a citizen of the United States.
• Have an active savings or checking account with a direct deposit set up.

What's left? Get your payday loan today!

We're here to help you find the best possible online lending partners out there, so if you need some cash we are here to help. The only thing you need to be aware of is the fact that we work with many lenders, so terms and processes may vary depending on which company chooses to fund your loan request.