Monday 26 September 2011

Payday Loans Without Faxing Explained

Some people need to get payday loans no faxing needed. The reason that they are looking for this type of loan is because they often do not want to have to sow proof of employment. This raises a red flag for many lenders because it displays a desire to hide one's identity.

Most people do not wish to hide their identity unless they have a reason too. Many are trying to dodge liens or judgements that may be against them. Some may even be trying to hide their income for one reason or another. This is never a good idea and can often have criminal consequences.

The appeal of the payday loans no faxing needed is that they do not have to have access to a fax machine, which is reasonable. Most average people do not have regular access to a fax machine. Some may even have a difficult time having access to email. this can be a hurdle for those who are in need of a payday loan but do not have the proper equipment.

People need to get payday loans for a variety of reasons. Perhaps there is a family emergency in which funds are needed much quicker than the pay day date. Many times a major appliance or automobile may break down and leave the person feeling stranded. This type of loan can help the person get the funds much quicker and repair or replace the items that need tended to.

An automobile could be crucial to a person who is trying to go to work and make a living. IF the car breaks down and the person lives far from work it may be difficult for them to get there. This may result in the need to report off and lose income. It could also lead to the person having to take a taxi cab, which can be costly.

Perhaps the person would even lose the job for not getting there on time. This scenario could be avoided with the swift help from a payday loan. The amount of repairs can be borrowed and repaid once the pay date takes place.

Tuesday 2 August 2011

Getting A No Credit Check Loan Online In The UK

If you are from the UK and you lost your job, your company downsized or some other catastrophe happened which ruined your credit, it could be quite a while before you get it built back up again.  When an emergency happens, you wring your hands and do not know what to do.  You grab at any straw you can find and begin to search everywhere for a loan.


Payday Loan Lenders and Their Ratings

Are you in need of some quick cash, but are not sure which of the many payday loan lenders you should go with? This type of business seems to be popping up everywhere so you can quickly become confused by all of the choices. When comparing payday loan lenders, there are certain things you want to look at. The interest charge for 30 days per £100 borrowed is just one thing. Be sure to take into consideration the representative APR, transfer time and rating. The rating should be strongly considered as it allows you to see the experiences of others with a particular firm. Here are three of the top rated payday loan lenders in the UK.
QuickQuid receives five stars and it is easy to see why. The representative APR for this company runs approximately 1734% which is one of the lowest in the industry and they can say the same about their interest charge. As both will save you money, it's easy to see why many choose to make use of the services offered by QuickQuid. You can get your money the same day and won't be required to fax any paperwork. A credit check may be required though.

WageDayAdvance is another of the payday loan lenders that receives a five star rating. Here an example of the representative APR is 2814,2% and yet they have a higher interest charge per 30 days than QuickQuid. With this company, not only do you get same day transfers, you are not required to fax paperwork to the company before you are approved and there is no credit check to be had. For this reason, may choose WageDayAdvance as their preferred lender.

Mr Lender rounds out the top three when it comes to payday lenders in the UK who receive five stars. The annual representative APR is 1990% as an example and, like WageDayAdvance, they allow you to get the money the same day without faxing any paperwork and they won't run a credit check. Other lenders offer this type of service, but their ratings are lower so take this into consideration when you go to choose who you wish to borrow money from.