A no fax payday loan will give you a cash advance at a short notice in case of any emergencies that you might encounter. The repayments of these loans happen when you get your next payroll check. The no fax part in the no fax payment loan's name signifies that you do not need to fax any documentation with regards to seeking the loan. All that you need for a no fax payday loan is your employment confirmation, a previous salary stub, and a checking account where the money will be deposited. You don't need to worry if your previous credit history is bad. There is no credit check in this regard. If you have applied for such a loan online, the process is even smoother, for you can get the loan sitting right in the comfort of your own home.