lakeesha Hennessy Williams answered
My advice would be to visit a high-street lender.
Although they often require people to have bank accounts (because they need to ensure customers are able to repay their loans), these kind of financial services are usually the fastest.
They may even offer cash loans over the counter!
Getting an instant loan with no bank account
Without a bank account, you may struggle to get an instant loan. Even if a loan gets approved right away, the money you need might not be accessible immediately as funds are usually transferred from a bank account.
There are two hurdles you'll need to overcome when looking for an instant loan:
Bear in mind that the loan is likely to come with a high interest rate, so you will pay back more money than you originally borrowed.
I don't have a bank account but I need a loan! What should I do?
Here's a few things to bear in mind when searching for a loan:
1. Go online and do a search for lenders online that offer Payday Loans Without Direct Debit Deposit.
2. You must be at least 18 years of age or above to apply for a loan.
3. Fill in the online application form. Details of your name, address, date of birth and employment details. These forms are usually straightforward and easy to fill in and can be completed in a matter of minutes.
4. Your employment details will be of importance to the lender as they will want to see proof that you are capable of repaying the loan back to them when you say you will.
5. It is important that you keep a record of when your repayment is due so that you can pay it back on time and avoid late payment fees.
6. It is important that you understand that this is a short-term loan only and not a long-term one.
7. It is important that you make sure that you have sufficient funds available for when your repayment is due to avoid getting any late fee payments.
8. These loans are good if you need cash fairly quickly, but they are not instant.
9. It will take a few days for you to receive your check. You can then take it to a bank to be cashed.
Although they often require people to have bank accounts (because they need to ensure customers are able to repay their loans), these kind of financial services are usually the fastest.
They may even offer cash loans over the counter!
Getting an instant loan with no bank account
Without a bank account, you may struggle to get an instant loan. Even if a loan gets approved right away, the money you need might not be accessible immediately as funds are usually transferred from a bank account.
There are two hurdles you'll need to overcome when looking for an instant loan:
- Because there is no account for your loan to be transferred directly into, the lender will need to find another way of getting the cash to you.
- People that borrow money also need to prove that they can pay it back.
Bear in mind that the loan is likely to come with a high interest rate, so you will pay back more money than you originally borrowed.
I don't have a bank account but I need a loan! What should I do?
Here's a few things to bear in mind when searching for a loan:
1. Go online and do a search for lenders online that offer Payday Loans Without Direct Debit Deposit.
2. You must be at least 18 years of age or above to apply for a loan.
3. Fill in the online application form. Details of your name, address, date of birth and employment details. These forms are usually straightforward and easy to fill in and can be completed in a matter of minutes.
4. Your employment details will be of importance to the lender as they will want to see proof that you are capable of repaying the loan back to them when you say you will.
5. It is important that you keep a record of when your repayment is due so that you can pay it back on time and avoid late payment fees.
6. It is important that you understand that this is a short-term loan only and not a long-term one.
7. It is important that you make sure that you have sufficient funds available for when your repayment is due to avoid getting any late fee payments.
8. These loans are good if you need cash fairly quickly, but they are not instant.
9. It will take a few days for you to receive your check. You can then take it to a bank to be cashed.
