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Keep Yourself Out Of The Red With A No Faxing Cash Advance

Written By onci on Tuesday, October 1, 2013 | 1:01 AM

Keep Yourself Out Of The Red With A No Faxing Cash Advance
If you have to make an unexpected payment, you may need a little help to make ends meet before your next pay day. The last thing you want to do is default on your bills because you can't afford to pay a medical, auto repair or home maintenance bill as well as your regular bills, as that could have many serious repercussions. In this scenario, a no faxing cash advance could be the solution. Quick, easy and with no credit checks (and therefore no faxing in reams of documents), thousands of consumers are turning to a no faxing cash advance when faced with a difficult month.


So what exactly is a no faxing cash advance? It pretty much does what it says in the tin! It is a cash advance that requires no lengthy faxing of documents and is designed to tide you over in between pay days when cash is particularly tight. No questions are asked, no embarrassing or awkward interviews are held, and the money can be in your account within hours. Of course, there is a slight catch and that is that the interest rates are generally high on a no faxing cash advance. This is because there are no credit checks, which means the lender has no idea what sort of risk you may be. The higher interest rate also reflects the short term of a no faxing cash advance. As the loan is only intended to bridge the gap between pay days, the term is usually only two to four weeks. This means that although the rate is high, you will not be paying it month after month after month, so the amount you end up paying shouldn't be too steep.

What you have to think about when considering whether a no faxing cash advance is right for you or not, are the consequences of defaulting on your bills if you do not have the money to pay them. You may have to pay a disconnection and a reconnection fee for electricity, gas and water and your credit rating will be affected, which may make it difficult to obtain credit in the future - car loans, mortgages, credit cards could all prove tricky with a low credit score. If you compare all of that to what you will have to pay in interest on a no faxing cash advance, you will very likely find that you are much better off taking out the loan and keeping yourself out of the red.

If you decide to apply for a no faxing cash advance, the Internet is the best place to look. You can do it any time of day or night and only need to fill out an online form. As long as you are over 18, have an open bank account and a steady income, you should be eligible. It could take a matter of minutes to be approved and then the money could be in your account within hours. 
In the future, it would be wise to plan for the unexpected - save whatever you can, whenever you can so that you have a little put aside for a rainy day. For now, if a no faxing cash advance keeps you out of the red, it's got to be worth looking into at least.

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