Payday Loans OnlineOnce upon a time, Fax machines were an exciting innovation in communication technology. Coming from times past where the postal mail, and telephone and some other antiquated devices were the only methods of communication, and most of these certainly were not quick, people couldn’t imagine that it’d be so easy to just send information through a telephone line. As with anything new however, it was costly at first, and required equipment that not everyone had access to.
Flash forward 20 or so years and something else has come along to make even faxing a thing of the relatively recent dinosaur age. Yes, I’m talking about the internet. When it first came about, data was also transmitted via the telephone line, and now the same transmissions are happening via fiber optic cables.
This technology also used to be expensive and limited in access, but now it is so cheap, and prevalent that it seems everyone does almost everything on the internet.
With the prevalence of email today, faxing payday loans are all but a thing of the past. In fact, quite often, the entire application process is online, and even the verification process prior to obtaining funds is incredibly simple and fast.
It simply does not make sense for cash advance lending companies to maintain their faxing equipment and/or requirements when email attachments can accomplish the same goal, and be transmitted essentially for free.
Another reason why the internet has all but killed the faxing process as it relates to official paperwork of this type, is that fax lines in general are not secure, while internet connections and email transmissions can be secured via encryption and made classified to protect sensitive personal data.
This is incredibly important given that so many people in this day and age worry about identity theft. Finding an online payday loan lender is as simple as firing up your favorite search engine and typing in a search string.
Many large, reputable cash advance companies have scaled back their brick and mortar presence in favor of using online application processes, and this seems to save time, money and hassle for everyone involved.
Here are a few things to look for when searching online for a quick cash advance:
Be aware of these factors before heading online to look for a payday loans lender, and you will be wondering why you every expected the process to include a fax machine.