Payday Loans most commonly have no requirement of any faxed documentation such as bank statements and wage slips. This is possible from payday loan lenders carrying out credit checks with any of the three main credit reference agencies here in the UK who are Callcredit, Equifax and Experian; a credit reference search will show various personal details of the applicant, show their past credit activity and so on. The few payday lenders that promote their loans as being no credit check payday loans tend to require faxed documentation in order to complete the loan process. It is worth noting that despite the majority of payday lenders providing faxless payday loans, there are rare occasions when each and every lender may ask for supporting documentation and so there is no absolute faxless payday lender. This is the case not just in the UK, but also in the United States where the payday loan industry of course looms from.
| January 27th, 2012 | Posted in Loans/Mortgages |