FAQs
Q. What is a no fax payday loan?
Ans. No fax payday loan is such a loan that offers instant financial assistance without demanding any document. Basically, this loan is a short-term financial facility that is tailored by keeping emergency requirement in mind. It is intended to help people cover their bills or unexpected expenses during financial crisis.
Q. What are the basic requirements for getting no fax payday loans?
Ans. Basic requirements for getting a no fax payday loan:
- The borrower should have a regular source of income
- His or her monthly income should be at least ₤1000
- He or she should have a running bank account.
- The borrower should be a UK resident
- He or she should be at least 18 years old
Q. How long does a no fax payday loan take for approval?
Ans. You can expect a mail regarding the approval status within 4-5 hours of filling the loan application. If approved, the loanamount will be transferred in your bank account within 24 hours.
Q. Do I need to activate the direct deposit facility on my bank account?
Ans. Yes. This is the best way to perform instant money transfer.
