Payday loans with no bank account may be a bit hard to find in the economy of 2011. Consumers who need these type of loans may need to find another way to get money in 2011, because payday loans are indeed the past.
Which are the biggest lenders in the country, yet still offering loans to people with both poor and bad credit? Credit unions and bank are the biggest lenders in any country. Yes, banks and credit unions are the biggest lenders in United States of America too. If you want to get a loan and plenty of cash fast, seeking the biggest lenders in the country is a good idea only if you have good credit. If your credit is poor, yet unable to have a bank account with your regular lender, forget about bank loans and small interest rates loans.
Here are the ways you can get/apply/find loans without a bank account:
- online lenders – altough most of us are not internet savvy, yet unable to seek financial informations online, online lenders are becoming a good solution for people with bad credit. Not just these online lenders are fast to give you money, but the only thing you have to do is to complete a small online application and if you are approved, the money are transfered to your bank account in the matter of minutes.
- payday loans/lenders – are perhaps the most known, yet the most interesting trap in matter of money. Altough you can get money fast with a payday loan, the interest rates are so high that even people with stable and high monthly income can’t afford to pay it back. So, be careful what you choose if you want to keep your financial situation in place.
Altogether, altough online and payday lenders are the only solution for people with bad credit, there are many other “smart” solution you can use – have you ever thought about getting another job? It may take a while to get the money, but instead of wasting money on payday loans, work for money!