Fax machines were more appropriate when offices depended on predominantly paper files [known as `hard copies\']. Then, the two best ways to transfer files were either to fax the original documents or to photocopy and fax them. The process was a bit cumbersome.

Some lending institutions, even today, require the borrower to fax important documents such as bank statements and checks. This is to ensure that these important documents aren\'t misused. This step also prevents malpractice, such as forgery, issuing bounced check etc.

But then, unless the borrower\'s PC has additional support for fax, communicating via fax is impossible. Moreover, transmitting documents by fax takes more time and involves far more paperwork than by online means. This means a wastage of time and stationery. The advantages of not using fax machines outweigh the disadvantages, as long as any good scanner is at hand.

Fax machines started sinking into oblivion once scanners started rising to the surface in the consumer products scenario. Today, the electronic means of document transfer is the `in thing\' and the most effective form of communication in offices, homes and everywhere on a global scale.

Today, most lenders do their business without any need to fax and the borrower benefits by receiving and repaying a Faxless Payday Advance, a boon in an era where most of us are used to handling emails but not faxes. Instead of being faxed, all relevant documents are scanned and emailed to and from the bank when needed. This cuts down costs.