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PayDay Loan with no Checking Account?Can I get a payday loan without a checking account? The answer is No. No, you cannot have it without a checking account. Think about it, in order to process your application online, the lender need to verify your monthly income, and the only way to do it is when you presenting them with your bank account statement - this also serves as a prove that you 're working and are able to pay the payday loan back. Another reason why you need a checking account is that where your loan is going to. Here's how it works online: you give the lender your account information, and they'll credit your payday money to your account. And another reason why must have a checking account to get a payday loan is that the lender withdraw loan amount from your account when the loan is due. You will have to fax them your voided check and 30 day bank statements to get approved. What may not be required by some lenders is the direct deposit option but the checking account must be present... Check these lenders who doesn't require direct deposit optionwww.mycashnow.com - Cash goes in your account overnight. Loaned deposit is not required. No credit check.
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