A cash advance payday loan can provide you with quick cash when you are short of cash and you are between paychecks. These are a small amount loans, delivered fast but with slightly larger interest rates. When you apply for a cash advance payday loan, most lenders do not require you to fax over additional documentation. Usually this is called no faxing payday loans.

A cash advance payday loan can put cash in your pocket very quickly, in most cases in less than 24 hours. Lenders can speed up the application process by not requiring you to fax in documentation usually needed for cash loans provided by regular banks.

What are the requirements?

Most lenders only have 3 basic lending requirements for cash advance payday loan. The first requirement is that you need to be 18 years of age or older. The second requirement is that you must have a steady source of income. Most people meet this requirement by having a job. If you have a steady source of income from other sources like benefits or retirement accounts then lenders will consider them. The third requirement is that you must have an open checking account. Pay day lenders require you to have an open checking account because they will deposit your money directly into your checking account. This means you do not have to wait for a check to arrive in the mail. As far as I know no lender supports savings accounts at this time.

3 Step Process

It is very easy to get a cash advance payday loan, all you need to do is complete simple 3 step process. Here is an example:

1.Apply Online

2.Get Instant Approval

3.Cash Deposited into Your Checking Account

Loan Amounts

A cash advance payday loan is a small amount loan, usually between $100 and $500. What if you need more money? In some cases lenders will approve cash advance payday loans up to $1,500.