When the online form is completed and submitted by you for sanction of a pay day loan to the provider agency, such agency will start verifying your application. They may make some cross checks with Tele-Track to find out that you have truthfully filled out the application form. Once this process is over and your application is found to be in order, such agencies will notify you through email or such other online process about the sanction. 

Thereafter the provider will calculate how much amount would be sanctioned towards such loan whether it is a normal pay day loan or one of the no fax payday loans. Such loans may be ordinarily in the range of $100 to $500 but in exceptional cases can go up to $1500. The sanctioned amount will depend on your past lending reports, bank statement, and employment and financial status. 

Once the loan is sanctioned, as approved borrower you will be required to print out a copy of sanction order and sign the contract form sent to you by the lender. In this contract the terms and conditions and fees payable would be prescribed. You will have to fax a personal check to the lender if it is an ordinary loan and no such faxing would be required in cases of fax less payday loans.

On receipt of your signed contract and fax (if required) the lender will verify the same and process your payday loan.