Some times people are in need of advances urgently
. The borrower is unable to wait for a long time to get the advance sanctioned. In such a case he applies for no fax loans.
The advances lent can be used for any purpose the borrower wishes. These may be to pay for bills like, medical bills, school fees, electricity bills, and car bills can easily be taken care of by no fax pay day loans. These advances are made available during a short period of time, which maybe the same day or the next working day.
These advances are granted without any paperwork. The entire process is free of any documentation. The borrower does not have to undergo any credit check in order to avail of such advances. People with bad credit histories can also apply for fiscal advance.
Before lending these advances the lender has to make sure that the borrower is in the position to repay the advance granted to him. The lender can sanction an advance which ranges from 80 - 1500 for a maximum period of 30 days. This implies that the borrower is required to repay te advance within the stipulated time frame.
The eligibility criteria to apply for such fiscal aid are as follows;
- The applicant must be a permanent citizen of UK.
- The applicant must be over 18 years of age.
- The applicant must employ.
- His monthly income must be over 1000 per month.
- The applicant must have a bank account and debit card in his own name.
With the advancement in technology no fax loans can also be applied for online. These advances can be applied for by the borrower while sitting at his house. He does not have to meet the lender face to face.