When it comes to Payday Loans, speed is important. One of the major reasons people use this type of loan, is the ability to receive the funds in most cases the same day of application. So what people really want are easy to get payday loans, with no faxing or back and forth of documents that only delays the process of accepting the application.
Why faxing can slow the process
While faxing is ultimately much quicker than sending documents by post, there are still some downsides that can cause delay with a payday loan. These are:
• The sender needs access to a fax machine, which is not always to hand these days, as the method of communication is becoming far less widespread.
• There is potential at the other end for documents to be misplaced. Any time a physical document needs to be sent or received in an office environment where multiple people use the technology this is a risk that is faced.
• The clarity of information can vary depending on the quality of the machine, the level of ink, and the working function of the machine. A fax machine is just another thing that can essentially break down or perform at subpar levels, where you may need to resend the documents more than once.
• Too much faffing. In order to be able to send a fax, often an original document needs photocopied in order to pass through the fax machine. This adds cost and time to the whole procedure.
With these things in mind, it is understandable why customers seek a simpler, fax free application process for payday loans, to ensure a speedy resolution and to obtain the quick cash boost when they need it.
Save My Bacon provide fast and reliable payday loan with no faxing required. You can apply for our loans on the calculator below.
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* Subject to Save My Bacon Ltd's right to request required information via fax, scanner or other paper means.