Do you need a fast personal loan in 1 hour or 24 hours? If you need cash in a short period of time, a traditional bank or your neighborhood payday cash store might take too much time. Most importantly, they will both require paper application forms and require you to fax documents such as your pay stubs, bank statements and a copy of your identification card.

The problem with this process is that most people simply do not have a fax machine and find it very inconvenient to drive to an Office Max or Office Depot to fax all these forms and then wait until the loan officer gets the paper work and reviews the documentation. If you don't have a car, then you have a lot of walking to do. These reasons make faxless or no faxing payday loans a much anticipated feature of cash advance loans.

Lenders who offer faxless payday loans have their cash advance loan applications, online. The application forms are secure, short and usually only take about 1 minute to complete. Best of all everything is done discreetly and you can have $500, $1000 or $1500 in the same day or sometimes as little as 1 hour.

The qualification requirements for most payday loan lender are as follows: You must be 18 years or older, have a checking account and make $1000 per month. Some lenders have a no credit check process, which means that they do not check your credit so it does not matter, if you have bad credit, no credit history or a low credit score.

If you meet all three qualification requirements, you have a 99% chance of walking away with cash in 1 hour or the same day.

Research recommended faxless payday loan lenders, who offer no credit check, no teletrack and no paper documentation cash advance loans. These companies provide loan in 1 hour or 24 hours.

Sharon Listner writes about family and finance. For more information about payday loans, visit the loan resource guide at: website http://www.paydayloanassist.com

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