When there are no documents in hands to fax them to a lender, the loan approval may not materialize or it gets delayed. However you can still locate many lenders who will approve you an urgent loan without them asking you to fax documents at the time of making the loan application. The lender will instantly approve your application and the loan amount will be wired to your bank account within 24 hours. This is a loan that meets your urgent requirements without going through the hassles of documents.

Usually you have to provide proof of income, employment, residence etc to the lender. This is done in order to satisfy the lender that you are of less risk. But at times all the documents are not ready at hand when you are in need of urgent money. This is where lenders providing payday loans without faxing documents to them, come into play. But they will telephonically take your office address in order to confirm your employment there and the salary you are drawing.

However, if the lender needs to further verify your details, he may ask you to fax documents later. So once you have made the loan application, start arranging the documents.

You would be approved £100 to £15000 against your next paycheqe. The lender may ask you to write a post dated cheque of the loaned amount and the fee on it. If you do not repay the loan in cash or do not want to extend it, the lender will deposit the cheque in your bank for getting back the loan.

Lenders charge exorbitant fees on payday loans. These are therefore costly and unaffordable loans for some salaried people. The loan should be taken only to meet urgency or when there is no alternate to the loan.

Bad credit borrowers are given these loans without any credit checks. This means that they can improve credit score shortly by repaying the loan in time. It would be better to take payday loans from online lenders as they can be compared for a lower fee on the loan. You must be at least of 18 years of age and should be a regular employee with an active bank checking account to ensure approval.