Application Information fax versus faxless payday loans
Posted on February 17, 2008
Filed Under Payday Loans
Regardless of whether the payday lender require fax or no fax, they must have a way verifying the persons identity, employment status, and bank account. Usually a fax of pay stubs, bank statements and drivers license is required. However fax less payday lenders will verify these information by calling the employer and asking if the applicant is working at the company but not disclosing who is calling and requesting a fax of bank statement from the bank after it is authorized by the borrower.
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Tim Ramsey