If you are applying for a payday loan online getting direct deposit would be the most logical idea. Since you are applying for a payday loan it’s probably safe to assume you need money quickly and direct deposit comes a lot quicker then mailing a check to you.
When you apply online at a payday loan website you must meet a few requirements such has having a regular income and being over 18. Once you meet these requirements and you fill out your information online you can get approved quickly and have the cash deposited into your account and usually available the very next day. This is incredibly convenient for those who are in a bind and really do need their money very fast. Getting a payday loan online equals direct deposit; most will not do it any other way.
Still if you are weary about direct deposit you can go to an actual location to get a payday loan. These locations are usually found around any town. A lot of times these locations deal with direct deposit also. Some of these stores will have you write a check for the amount you have borrowed plus interest which they hold on too and insurance, then they issue you a check for the loan amount you need. This is about the only alternative to direct deposit and it involves having an already made up check in the hands of the payday loan officer. Direct deposit is the safest, fastest and best way to go about getting a payday loan. Getting one online is the easiest but even the walk in stores offer direct deposit. It makes the most since in today’s age because they can wire you the money much faster then they could by giving you a check. You should get direct deposit for a payday loan.
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