Wednesday, December 19, 2007

No Checking Account PayDay Loan

No Checking Account PayDay Loan?

This is a question often asked by people who are short of funds before they are due to be next paid and are looking to obtain a payday loan, but do not have a checking account. This post follows on from our last one entitled: How Can I Get a PayDay Loan?.

The news is not as bad as you may think in that such a thing as a no checking account payday loan does exist! So if you are looking for a no checking account payday loan, simply search through the long list of payday loans companies that you will find listed in the major search engine results pages and check them out to see if they have a section or a page dedicated to no checking account payday loans.

As always, you need to be quite sure that you will be paid enough to have sufficient funds to cover the amount of a payday loan, especially as you will not have the security of a checking account from which to write a post dated check (cheque).

Never take out a no checking account payday loan if you think you might not be able to repay the loan when you are next paid as the additional fees and interest that you will be charged can add up to quite a considerable sum. It is all too easy to fall into the trap of taking out a no checking account payday loan then failing to repay it on time only to be whacked with a substantial charge that you will then have to find the money to repay a couple of weeks later.

This can lead to n ever increasing spiral of debt that can be difficult to pull yourself out of, so always be certain you can cover the cost of any load, especially a no checking account payday loan.

PayDay Loans Page

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