Payday Loans Without Paperwork | ** An Anonymous Journal **

Wednesday, November 07, 2007

Payday Loans Without Paperwork

I know quite a number of my friends took out payday loans. It's a temporary measure to meet the little financial problems that sometimes come up. This is of course not the solution but like I said, it helps for the short term.

One has to be disciplined in repaying this payday loan with the next pay check or the interest would snowball and the figure would become overwhelming.

Did you know that there are Faxless Payday Loans that do not require the borrower to provide any document or paperwork and could be applied online? This is very convenient for borrowers as it cuts down on waiting time as well and approval is usually within a day.

You may wonder why there is no need to provide even some form of proof in documents. Well, this payday loans usually come with a slightly higher interest rate. Now, it is up to the borrowers to check out the terms of each provider and compare the interest rates first before committing to one company.

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