I know payday loans are a bad idea, you don’t have to tell me about that. I have a Wal-Mart money card and my paycheck is deposited directly to the card. I have a form with the direct deposit info but all of the normal payday loan companies have denied me. Help! buying generic cialis I need a payday loan!
I Need A Payday Loan But I Dont Have A Regular Bank Account.?
4 Responses to “I Need A Payday Loan But I Dont Have A Regular Bank Account.?”
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Payday loans are designed to help people who are having short-term financial problems. They’re cash advances that most people pay back in full out of their next paycheck, although the loans can be extended if you want.
People usually only use them when an emergency comes up because the interest rates are a lot higher than what banks and other traditional lending institutions charge.
But the beauty of a payday loan is that the lender does not care if your credit history is good, bad, or somewhere in between. They are mostly interested in whether you have a regular job or some other type of regular income, and if you make enough to pay them back what you’ve borrowed.
If you don’t have a checking account and you want a payday loan you will need to have a savings account. That’s because whatever you borrow will be electronically transferred into your bank account within 24 hours after you’re approved. And approval usually takes less than an hour.
Because interest rates are so high and can vary by a lot between one payday loan company and the next, a lot of people go online and compare rates (for free) to find the lowest rates before they apply for their loan.
But if you need emergency cash, it’s good to know that they are available for you whether or not you have a checking account.
-Michael
Hey there – I was just reading all of the answers to your questions, Im laughing about all these advertisements that you were getting and people telling you to email so and so. Yikes I think giving your personal info thru email might be worse than a payday loan. Anyway I did have the same problem as you I was getting denied but its not because we cant get approved its because of the bank account that you have. You are getting denied because the account that you have will not allow the payday loan places to debit your account since they dont allow overdrafts. What you need to do is get a regular bank account one that will either send you a debit card or do wire transfers so that you can send the money to your prepaid debit card. Really thats the only way that you can get it. And if you have a chexsystems problem or something you can still find one like by searching non chexsystems banks in ———- what ever state that you are in. Its hard though because you have to be able to put sometimes 10.00 in this new account to get the account and routing numbers in order to go and appy for the loan so pretty much this is the only way. You can get approved its the bank account that you are using!
If the normal payday loan sharks have denied you, then you don’t stand a chance of getting a loan.
I think that the correct thing to do is to just save up cash. I’ve seen this site recommended a lot: http://loan.dealsthisway.com Good luck.