Payday Loans

How do no fax payday loans work.

When you apply for a payday loan you send in you info on your next pay date and you contact info.

The Payday loan company check their datebase to see if you have any payday loan outstanding then call you to verify you contact phone number.  Usally you give them you bank routing and account numbers so the can deposit you loan in you account the next morning when your pay date comes up the debt you account for the loan plus the fees unless you let them know you want to renew the loan