The term for paying back the loan is something that you should respect. Even though it is about the faxless payday loans, the deadline is not something to forget about. Many borrowers feel that it is a lot better with the fixed deadline of the faxless payday loan. Thus they know exactly when it is the due date and that they should be prepared for paying back the loan. It is advisable to forget about the extensions of the term and to find ways to be prepared to pay back the loan. Delaying the payments is not the right option especially that you knew when you have to pay back the loan.