Payday Loan No Fax Manages Your Emergencies

One of the basic rules to get a payday loan is to have a bank account, which enables to carry on the entire transaction in a smooth, secure and fast manner. Loans without a bank account will be harder for the lender to assess the capability of the borrower to repay. However, it is still possible. The time required for processing this loan will be longer as the lender has to verify the credit history and income status of the borrower. Other procedures and requirements remain the same as that of getting a loan with a bank account. The whole process may extend to about five days. As the lender takes a greater risk, rate of interest being charged for giving this loan is quite high. This loan can be helpful if used responsibly. Here the loan money cannot be accessed immediately, as there is no bank account available with the borrower in which the lender can deposit the money directly. more