Thursday, July 31, 2008

Getting Payday Advance Loans Without A Checking Account

By Ethan Hunter


Although it might seem strange, many people still do not have checking or savings accounts. For most people, the thought of not having an account is unimaginable. Typically, people have accounts and have had them for years, giving them a better way to control money. However, if you are one that does not have an account and it works for you - great.

But trying to get payday advance loans without a checking account can sometimes be a challenge - especially if you're just not sure where to start, or how to begin. And if you're looking for a payday loan online... well, jeez! Is there even any chance?

Of course there is, even if you just can't find it right now.

Getting Payday Advance Loans Without A Checking Account Is Easy

Yes, this will be more challenging than if you had an account but there are options to consider. Just remember, while it may seem hard to find payday advance loans without a checking account, you can do it. We recommend you start with your online resources.

Typically, a loan company does not need a person to have a checking account for the loan request to be processed. In fact, many will hand over cash upon approval, meaning no account is needed.

There are more fees that may be associated and because of the overhead that comes with a loan office, you may have a higher APR (Annual Percentage Rate). You may also have a little more trouble getting the actual loan.

Looking offline may be harder, but they may be easier to find and this is worth the extra money that they may cost.

Online choices are often cheaper, and though slightly harder to find, can save you money.

While countless websites offer payday loan, only few offer payday advance loans without a checking account - you get your money normally from the company, who sends you a check in the amount that your loan is for. You can pay them by either sending them a money order, or cash.

Sometimes, though rarely, you can get your money through wire transfer. While this is a secure form of payment, it does have its drawbacks - in some small towns, there is no where to pick up, or drop off, cash, like Western Union. If you have a place nearby, though, this is a great option that can get you your money even faster!

Because of this, some of the larger payday advance loan companies are offering to send money to a person's PayPal account. In addition to being a fast solution, PayPal is also highly secure and safe. This site is operated by a third party and there is little hassle.

The process of getting a PayPal account is very easy and it is completely free. With this account, you can receive money but also make online purchases. For instance, if you found something you wanted to buy online through eBay, you would use the account to pay.

Summary

It can seem hard to get payday advance loans without a checking account, but it really only requires a little time and you might be able to get a lot.

About the Author:

No comments: