How It Works
We have one goal- to match your application with an appropriate lender who can assist you meet your immediate financial needs easily by keeping the loan process quick and hassle-free as far as possible.
We make it absolute clear for you that faxless payday loans are not a direct credit lender and we don't extend any kind credit. We offer a free referral service for your loan applications.
In order to submit your application with us, first of all, you need to meet loan qualifying terms and conditions. If you are an eligible candidate, visit our website and complete a simple online application form with accurate information and submit us. We share your information with one or more of the lenders in our network and they contact you with suitable deals of loans.
Acquisition of funds:
If you applicant is approved and confirmed by the lender you are dealing with, Funds are transferred into your bank account as soon as one business day. However Transfer times depend on your bank and the timing of your loan approval.
Generally, repayment of the loan takes place automatically as agreed with the lender. When due date of repayment arrives, loan amount plus interest fees and applicable charges gets deducted from your bank account. If you require more time for debt reimbursement, information the lender in advance and get that by paying some fees to him/her.
Consequences of Non-repayment of debt:
- Late or partial payments allow credit history to apply penalties against you,
- Not paying off the loan fully will invite heavy late fines, legal action against you; collection calls from debt collection agencies and a negative impact your credit rating.
- Loan extensions come at a substantial cost and it may affect your ability to repay loan fully. So, be careful while applying for loan extension or renewal.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Fast Payday Loans
We are neither a direct lender not a broker. We only match requirements with lenders based on your application and we do notcharge any fees for this services. By completing the applications. You certify that you can be contacted by phone or email.
Do nit pay lender or broker an upfront fee to process your loan application.
Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions.
Disclosure of APR
The annual interest rate offered by the lenders who partner with us stands at a rate of approximately 28% to 32%. An interest rate of 2,66% monthly (32% annually) applies if not paid.
faxlesspaydayloansfast.ca is a Credit Broker – Not a Direct Lender.