Thursday, April 21, 2011

Overnight Payday Advances, Do You Need One?

You have an emergency and you need funds immediately - where do you go? You can try payday advances which are a short term cash advance to meet your emergency financial needs.There are two extremely popular methods of advances - the 'no fax' payday advance and the overnight payday advance.
Getting a 'No Fax' advance

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To be eligible for a no fax pay day advance you should meet the following criteria:
o have a checking account that is at least 90 days old
o be employed for at least 6 months - preferably in the same place
o have a minimum monthly income as required
Once you can satisfy the above criteria the application process for a payday advance is simple - NO FAXING required. You can receive the payday advance overnight provided once your application is approved.
How does advance work?
When your application is approved, the funds will be transferred to your checking account by the next business day. You will then have to submit a payment request to inform the bank the amount you want to pay on your personal loans when it is due. Be sure to submit a request or the entire amount will be debited from your account by default. When payday loans are due, the money is debited directly from your checking account on your due date. Once you have paid off your payday loans, you can continue to apply for bad credit pay day loans of up to $1000.00.
A point to note is that finance fees are waived on your advance when you submit a cash advance payment request online to pay the pay day loan in full on your due date.
Overnight Pay day Advance Benefits
Some of the benefits associated with overnight advances
Finance history: overnight payday advance does not require a financial history review to qualify for the loan. With virtually every other type of personal loan, you have to pass a rigorous credit check just to qualify.
Emergency cash: While traditional loans take forever to come through overnight payday advance is usually paid in cash within 24 hours.
No Fax: overnight advance have a no faxing option whereby you can skip the time-consuming process of having to fax in supporting documentation.
Universally accessible: Even if you have been denied credit or loans elsewhere, you can still qualify for an overnight payday advance. Overnight payday advances are accessible to virtually anyone, even those with a history of bankruptcy or other credit challenges.
Flexible repayment options: you can choose your repayment option to a) repay the loan plus the finance charge on the due date or b) repay part of the loan plus the finance charge or c) repay the finance charge only and roll the loan over for an additional fee for more repayment time.
Online process: overnight payday advance process takes place almost exclusively online, which means the process is paperless.
Quick approval decision: Approval on overnight payday advances comes through very quickly.
Painless repayment process: When the loan comes due, the amount plus finance charge is automatically deducted from your account.
Preserve your credit by paying bills on time. With an overnight payday advance, you can protect your credit from the damage of late payments and penalties by paying your bills on time.
If you are in urgent need of funds the way out is clear - apply now for a payday advance - combine the no fax and overnight methods and go for it!

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