Anonymous

How Can I Get A Loan Deposited On My Prepaid Debit Card?

4

4 Answers

Anonymous Profile
Anonymous answered
The answer is that each pay-day loan company will have their own requirements, although most of them require you to have a checking/savings account.

Getting a loan on a prepaid debit card
As far as I know, there are two companies that offer to pay out a loan to a prepaid debit card. These are:

  • SpeedyCa$h
  • Account Now
However, the only catch is that they require you to use their own debit card - rather than a prepaid one you hold with another company.

The reason the regulation is so tight (and why other, more well known lenders don't encourage this practice) is because customers that have a current checking account are more likely to be earning money on a regular basis, and therefor able to repay a loan.

Services that offer loans to prepaid debit cards are often considered risky, so my advice would be to get as much info as you can, examine the different interest rates on offer, and (where possible) seek independent financial advice before signing anything.
Anonymous Profile
Anonymous answered
People go to speedycash.com, they with let you use you debit card or prepaid visa or mastercard to get a loan. I got $450 from them, and I don't have a checking account!
You use the account number and routing number for your card.
Anonymous Profile
Anonymous answered
How do I get a loan deposit on my prepaid debit card?
thanked the writer.
Anonymous
Anonymous commented
Yes i was trying to apply for a loan,but they all ask for a banking account,and i dont have one,so i was wondering how do i go about getting approved and the money going on my prepaid debit mastercard??

Answer Question

Anonymous