Thursday, April 21, 2011

Applying For a Completely Instant Payday Loan Online

If you would rather not have the hassle of driving to a payday advance store, there are now hundreds of payday loan companies operating online.Online applications save a lot of time and you may find that the rates offered are in fact better than those available at your local payday advance store. Rest assured that any information you provide is kept confidential and will not be passed on to a third party.
Before you sit down at your PC to fill out your online loan application, make sure you have the following to hand: your driver's license, blank checks and some recent pay stubs, your social security card and your bank account details. You will need to provide the lender with some basic information, including your name, age, address, phone number, Sin number, bank name and account number and details of whether you are paid weekly or monthly. You will also have to provide details of your take home pay - i.e. the amount you earn after tax.

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Some online loan companies will require you to fax through certain supporting documents as verification, however not all of them will need you to do this and you can find the ones that don't by adding the words 'no fax' to your internet search. These companies will usually verify your details by phone or electronically.
All online payday loan companies have very strict privacy policies so don't be afraid to give them all the information they require. Not providing certain details could lead to your application being delayed or even denied. If you are in any doubt check the URL of the website to make sure it begins with https:// as the 's' means you are on a secure site that encrypts information for your protection.
Most online payday loan companies will ask you for two references and a work phone number. They will call to make sure you have not given false information and that you do indeed work for the company, however they will not give out any information or disclose the fact that you are applying for an online payday loan when they call.
No credit checks are carried out when you apply for this type of loan, so don't be afraid to apply even if your credit score is less than perfect. If you are in a fix financially, and are careful about the amount you apply for, an online payday loan can be a viable option and can see you through until your next pay day.

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