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In fact no faxing cash advance online loans have become increasingly popular over the last couple of years. Lenders now have access to banking history and usages from third party risk assessment companies who obtain bank information directly from the source. The result is that you (the borrower) are not likely to be asked to send in recent bank statements anymore. However, there are always exceptions to the rule and sometimes a lender will still ask you for a recent bank statement in order to complete the lending process. Just ask yourself this question, “What is five (5) extra minutes of your time to fax the necessary paperwork in order to get the money you urgently need”? Installment Loans Direct Lenders Only The number one rule regarding payday loans is to only borrow what you know you can pay back. For instance, a payday loan company may offer you a certain amount because your income is good, but you may have other commitments that prevent you from paying the loan back. Generally, it is wise to take out the amount you can afford to pay back once your bills are paid.
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