FaxFreeCash, which wins the TopTenREVIEWS Bronze Award for payday loan services, shops your application around to ensure that you get the best lender. Since FaxFreeCash deals with many lenders, the timeframe in which you have to pay back your loan varies. You can have anywhere from 14 to 120 days to pay back your loan if you go with this service. It is highly probably that you will be approved by FaxFreeCash, even if your credit history is not good. This payday loan provider approves 99 percent of applications. The application is online and the site is secure so that when you submit your personal information, hackers will not be able to see what you are sending. Because FaxFreeCash is not the actual lender but a company that connects you to lenders, you cannot know what your loan terms will be until you receive responses from lenders interested in your application. Once you approve of the terms in a proposed loan, it is possible that the funds will be directly deposite into your account within an hour. On the data that you told the lender your next paycheck would arrive, the lender will automatically withdraw your loan amount plus the interest and fees, so that you do not incur further expenses.
When you go to the website for FaxFreeCash, you will see that it advertises that you will receive your payday loan in three easy steps. First, you fill out an application, which is split into three different sections: “Tell us about yourself,” “Tell us about your current employment” and “Where do you want us to wire your cash?” Next, you wait until you receive approval. Once you have received approval, your money will reach your account in an hour or less.
Many factors go into determining how much a loan with FaxFreeCash is going to cost you and how long you’re going to have to pay it back. You will end up paying $5 to $25 for every $100 you borrow. The annual percentage rate stands at 651.79%. As for the length of your loan, that all depends on your lender. FaxFreeCash deals with a large number of lenders that have different timeframes for repaying loans. The timeframe can be as few as 14 days and as many as 120 days.
Customer service is available 24/7 by online form or telephone.
FaxFreeCash is not a payday advance lender. It is a service that connects you with lenders. When your application is matched to a lender, the lender will complete the process with you, make sure you understand the terms and explain the repayment and loan extension options. The lender will deposit your loan directly into your bank account and also withdraw it automatically along with charges on the date that you agreed your next paycheck would arrive in your account.
You can borrow up to $1,000.
Be prepared for lots of email once you apply.
FaxFreeCash connects you to competing lenders in order to find the best fit.