What if you don’t have a checking account?
That’s not a problem. Some Cash Advance companies can work with a savings account as well as a checking account for processing your loan transaction. This isn’t the same for all online payday lenders, but we seek to provide as much flexibility for our customers as possible. We also think convenience is an important factor in providing you with a payday loan. The simple fact is that there are people out there who don’t have a checking account. We can work with those folks as easily as any other if they simply open up a checking account.
The only issue that sometimes comes up is with the bank. Some banking institutions don’t allow crediting and debiting of a savings account. However, those instances are rare. Check to see if your lender will work with your bank to ensure that this can be done.