Can I Get A Payday Loan On Debit Card Account Only?


9 Answers

lakeesha Hennessy Williams Profile
Whilst borrowing money in the form of loans due on your payday is generally a lot easier if you have a credit card account, it is nevertheless possible to obtain them with just a debit card account.

The thing to remember is that, in some cases, it will be necessary for you to provide some sort of deposit first.

Getting a payday loan on a debit card account
The thing to remember is that, in some cases, it will be necessary for you to provide some sort of deposit first.

If you are looking to find a loan on the internet, is a good place for you to begin your search.

It is a respectable financial comparison site which works by acting as a database listing and comparing all the websites that are relevant to your search. Therefore, when looking for a payday loan, it will provide a list of links to the best websites available.

It will also offer a brief summary of how the websites work and give examples of what sort of loan the site could give you, what information it would require you to provide, and how much interest you will need to pay back.

Specific websites offering loans with just a debit card include:

Anonymous Profile
Anonymous answered
Don't have checking account or savings account can I get a payday loan
thanked the writer.
Bruce Tillson
Bruce Tillson commented
If you don;t have some way for the lender to get their money automatically, you probably cannot get a pay day loan.
Bruce Tillson Profile
Bruce Tillson answered
Probably only if you have direct deposit. Remember, the payment for the loan will be deducted, probably within 24 hours of your pay being deposited.
Anonymous Profile
Anonymous answered
I need a loan my checks are not here yet but my bank card come so can you help me I'm on SSI - I get 850.00 a month.
PaydayLoans Foursureloans Profile
Most payday lenders will NOT allow the use of a debit card as the primary source of funds - they usually want a checking/savings account, specifically the one into which your paycheck is deposited.

When you apply for a payday loan, most times the money is deposited directly into your checking account... Therefore, you may use your debit card to access the funds from your checking account like normal.

Some payday lenders will allow you to use a debt card ONLY if the debit card was issued by them (I am only aware of SpeedyCa$h and AccountNow providing the service).

Yes, you can but it depends on the terms and conditions of the lendor company as usually a payday loan is paid through salary checks only.
Shen Mark Profile
Shen Mark answered

You  will need to be at least 18 years of age and be employed, usually for at least 3 months where you are earning over a thousand UK pounds. You will need to provide your bank account details as this will not only provide part of the information required for your application but will also be the means to which your loan will be transferred to you.

Claire West Profile
Claire West answered

Whatever might be the reason, it solely depends on you exactly what you would like to do with your loan. In case you fail to settle your loan you aren't going to be permitted to borrow from the lender again until you've paid of the balance in full. The loans for poor credit people are really beneficial in that scenario where someone having an acute lack of funds.

Martin Garret Profile
Martin Garret answered

If you find a proper organization then yes, you can. Then the question appears whom to choose? My personal recommendation would be to choose online payday loans that have different options and not many requirements.

Answer Question