Faxless Payday Loans Canada
- Alistair Croll
- Fact Checked
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Are you looking for faxless payday loans in Canada?
If you are facing a cash shortage and want a quick fix to your financial problems, PaydayMart could help to find a perfect solution. A faxless payday loan online can be what you need to apply for.
As the name indicates, with faxless payday loans, you do not require any document to be faxed to the lender. It saves lots of borrower time in obtaining money and, more importantly, enables them to use the money on time when the need is at its peak.
Sometimes faxes are not reached to the lenders, which resultant the rejection of the loan application. PaydayMart understands this, so we approved payday loans without faxes in Canada.
But how can you apply for payday loans faxless?
At PaydayMart, we are 100% online, which helps you make instant loan decisions. With the help of our simple, easy, and online application, you can apply in minutes. We can process all the faxless loan applications on the same day, allowing you to get cash as soon as possible. Even with a bad credit history, you may still qualify for payday loans without faxing. So, what are you waiting for? Apply with us today!
Why consider a payday loan with no faxing?
We are living in the age of the internet and modern technology. Today, email is the easiest and fastest way to contact anybody and anytime. Due to the advancement of new technology, it become challenging to find fax machines. So, why rely on old-tech fax machines?
You have to drive your car a few miles to reach the nearest retail store if you want to use a fax machine. Nobody wants to leave their comfort and pay per page to faxing documents.
To terminate all the hassles of faxing, almost all payday lenders offer no fax payday loans online. This way, you can obtain such short-term loans more conveniently and often more affordable.
You don't need to search for a fax machine to apply for payday loans, and you don't need to pay someone to use their fax machine.
Payday loan application- No faxing required!
PaydayMart makes it easier for every Canadian to apply for quick faxless payday loans in Canada. Just visit the PaydayMart website and complete a short online application with all the mandatory details. It only takes 2-3 minutes to complete.
You can even use your smartphone from anywhere to visit the website (Paydaymart.ca) and fill out the required form. Whether you use your computer or smartphone, you may realize how easy it is to apply with PaydayMart.
Requirements for a to apply for a faxless payday loan?
PaydayMart makes applying for a payday loan easy without using a fax machine. All you need to meet a few eligibility requirements. PaydayMart always provides instant loan decision and accept bad credit score. Requirements to apply for a faxless loan include the following:
- You are at least 18 years old.
- You must hold Canadian citizenship or be a permanent resident.
- You have an open, valid Canadian banking account that accepts electronic transfers or e-transfer.
- You must have a valid phone number and email address.
- You earn regular income. In some cases, we accept payments from government benefits.
Can I get a faxless payday loan if I have bad credit?
If you have a bad credit history, it doesn't mean you can't get fast faxless payday loans. We have many payday lenders on our panel that offer faxless payday loans with bad credit.
Usually, payday lenders look more into the applicant's loan affordability than credit score. So, if you can repay your loan on time, you could get a faxless payday loan with instant approval.
We all know that lending money to bad credit people is riskier for the lenders; that's why loans with bad credit are offered at high-interest rates and fees. But the plus point is that managing money correctly and making the repayments on time could help you improve your credit score again.
Check out: How To Improve Credit Score In 30 Days- Is It Possible?
Does lenders verify employment?
No employment or income verification loans are short-term loans approved without verifying the applicant's income or employment status. Such loans allow you to borrow money even if you are unemployed or earn non-traditional income.
Typically, traditional lenders and financial institutions require proof of income and employment from the applicant to approve the loan. It can be challenging for borrowers searching for loans without income and employment verification.
Luckily, some online lenders offer 1-hour loans with no employment verification in Canada without the need to verify the applicant's income and employment status. These lenders often required any reliable source of income enough to repay the loan on the due date.
It means even if you are unemployed but can afford what you borrow, you may qualify for a loan without verifying your income and employment.
Can I get faxless payday loans email money transfer?
An email money transfer (EMT), a.k.a. Interac e-Transfers, is the most common and secure way to send and receive money worldwide, especially in Canada. Due to the advancement of technology in the Fintech sector, more and more lenders are opting for email money transfers for faster cash disbursement.
That is why payday lenders offer faxless loans with email money transfers in Canada. If you are facing financial troubles where money is required immediately, applying for such e-transfer faxless payday loans is one of the fastest ways to borrow money online.
These online payday lenders provide these instant wire transfer payday loans with rapid approval and sometimes funding in just 5 minutes*. But ensure you have to pay high-interest rates and shorter repayment terms.
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Frequently Asked Questions
What is a faxless payday loan?
As the name suggested, faxless payday loans are similar to traditional ones, but you do not require any documents to be faxed to the lender. Usually, faxless loans operate online, and lenders approve loans without the requirements of faxes.
How much can I borrow?
No fax payday loans allow you to borrow the amount of $100 up to $5,000 with a repayment term of 2-3 weeks. The repayment of faxless payday loans has to be made on your next paycheck.
Am I eligible to apply for a faxless payday loan?
To apply for a payday loan with no faxing through PaydayMart, you must have the following:
- Be 18 years old or over.
- Have a regular income.
- Be a citizen or resident of Canada.
- Have a Canadian bank account with an email money transfer (EMT) facility.
If you meet the above requirements, you can apply with us.
When will I receive the money?
Speed is the main feature of 'online faxless payday loans,' so if your application is approved, you can get could the money from faxless payday loans in 1 hour or less. If you use an e-transfer facility, you can get funded within 5 minutes.
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We understand the challenging financial situations. That is why, we strive to improve your lifestyle by providing best rage of loans at low rates to suit your needs.
Compare now*Timing might be varied. T&Cs apply. Applying won't affect your credit score
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Writer, speaker, financer accelerant. The intersection of tech & society. He enjoys writing informative guides mainly related to finance and credit products that help readers make better decisions. View My Profile
30 Second Read
- Are you looking for faxless payday loans in Canada?
- But how can you apply for payday loans faxless?
- Why consider a payday loan with no faxing?
- Payday loan application- No faxing required!
- Requirements for a to apply for a faxless payday loan?
- Can I get a faxless payday loan if I have bad credit?
- Does lenders verify employment?
- Can I get faxless payday loans email money transfer?
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