Paperless Payday Loans – A Quick Guide

Nothing can be more worrying than facing a financial situation. If you are stuck in one and require cash ahead of the next payday, no longer you have had to worry about paperwork formalities to get an approval. You can now get quick cash for urgent needs by applying for paperless payday loans. The entire procedure for applying for the loan is quick and convenient. This is mainly because the loan process takes online or over the telephone.

We have a team of highly experienced financial experts at paperlesspaydayloans.co.za who match you with the trustworthy lenders who process and approve your plea for funds without unnecessary delay. You do not have to be present physically for any process and not much documents will be asked neither. You have to provide employment details and other necessary information online. This is primarily because lenders rely on the database to fetch the information related to the applicant. Thus, it is now possible to take home quick money without any paperwork.

How much amount can be borrowed?

A loan that requires you to get involved in no paperwork can fetch you much-needed cash quickly to pay off your pending bills. Usually, the amount that you can borrow vary between R500 and R150,000. However, there are some factors that determine the actual amount you can get. The money lenders would evaluate your ability to make repayment. In other words, your current salary should match the amount you want in advance. Therefore, if you are applying for a small amount then your application would be approved in much quicker time. However, if you need a bigger amount that might be a burden on your paycheque then the lender would approve a smaller amount.

It is important to know that credit history has a vital role to play in getting the amount approved. If you have good past record of making repayment then your chances of getting a loan approved for bigger amount are much higher. If you have applied for payday loan previously and made repayments timely then the lender would approve the amount you need.

However, even if you have issues pertaining to bad credit rating, you can apply for payday loans with no paperwork. There are lenders who provide quick cash to people having a poor credit history. We can help you get contacted to those lenders.

How to apply for the loan?

Apply online

All you have to do is fill the online application form on our website. We make sure that all your personal details are secure and safe with us because of the latest technology adopted to safeguard your data from any possible malware attack or theft. We do not share your details with any undesirable party.

Instant review and processing of the loan application

As soon as we receive your loan application, our financial experts start working on it. They will review your application and submit it to the panel of multiple lenders. You will receive the next update regarding loan approval from the lender.

You accept the offer

You have to respond to the lender’s offer of quick cash deposited into your bank account. Accept the offer as part of the finalizing the loan process.

Get cash deposited into your bank account

Once you have accepted the offer, the lender would transfer the money into your bank account the very same day. In other words, you can pay off pending bills or take care of any other emergency right away. Also, you have to pay no additional amount on late payment charges.

Is it possible to get the loan despite having a bad credit rating?

When you apply through, you can get the loan quickly and easily. We are associated with the money lenders who approve loan application for the employed people who have a bad credit history. We can submit your loan application to the lenders who provide payday loans for blacklisted with no paperwork. So, even if you are blacklisted by banks to get much-needed cash support, you can apply for the loan and get cash sufficient to tackle any unexpected emergency. Your past credit record of repayment is not going to be an obstacle in getting an approval for the loan.

The loan application might be approved without the credit check. Thus, have no fear or worry of your past bad credit history and apply for easy cash right away.

When will the loan amount be transferred?

Payday loans are sanctioned and deposited in the bank account within a day or two. Just as the loan application is given an approval, the lender might deposit the cash in your bank account.

What is the time to repay the borrowed amount?

Usually, paperless payday loans are given for a month until the arrival of the next paycheque. However, there are many lenders who approve the loan for two weeks too. The main advantage of the shorter duration of the loan is that you can pay it back earlier thus you do not have to pay high-interest payment to the lender. For a longer duration, the lender would charge a much high financial fee.

Who is eligible to get the loan?

To be eligible to get access to these loans, you should be over 18 years of age. You should be a citizen of South Africa. Having a proof of regular source of income is crucial in getting an approval. You have to submit a salary slip for last three months. If you think you can fulfill these parameters, you can get access to cash for unexpected situations.

With Paperless Payday Loans, you can enjoy the services provided by our loan experts who will take care of the entire application process. There is nothing for which you have to worry once you have applied for additional finances through our website. We have on panel some of the trustworthy payday lenders of South Africa. They might consider your loan application for an instant approval for a short duration.

Applying through us you can get payday loans no paperwork or phone calls without having to worry about arranging paperwork and documentation and juggle to the office of the lender to submit it.  No lender would ask you to submit a document physically as proof of residence or income. Each step of loan processing is done online thus eliminating the need for making repeated phone calls or getting involved in paperwork. Just apply online and get quick cash using our dependable services.