Woman receives payday loan cash

Compare loans that don’t require a bank account

No bank account? No problem. You can get a loan without a checking or savings account.

If you don’t have a bank account, signing up for one might mean that you need to meet minimum balances and pay for monthly maintenance fees. Some banks will even deny you fee-free accounts if you’ve had money problems in the past.

There are lenders that will still consider you without a bank account, meaning you can still get a short-term loan. Comparing these lenders is the best way to find a deal that matches your needs.

Can I get a loan without a bank account?

Possibly. While many lenders push bank accounts so they can debit payments on the due date, electronic transfers are by no means the only way to receive loan funds or repay them.

Payday lenders are typically more concerned with your ability to repay the loan. If you can provide proof of income, they’re less likely to be concerned about your lack of a bank account.

How do I receive the loan amount without a bank account?

There are two ways you can receive the funds from your loan without a bank account: through a prepaid debit card or in-store cash pickup. Your funding options will vary by lender, but these alternatives can provide an easier borrowing experience.

Top payday lenders that offer alternative ways to receive funds

Online or in-storeMaximum loan amount
Cash CentralOnline, request a prepaid card to load funds onto when you apply or get funds loaded onto your eligible prepaid card$5,000
Check into Cash Title LoanBoth, you can start the application online but you must pick up your loaded prepaid debit card or cash in-storeDepends on the car appraisal and your state of residence

Prepaid debit card explained

A common alternative to bank deposits is getting your funds on a prepaid debit card. A prepaid card can be handy because you can use them at a wide range of stores. You may also be able to withdraw cash at an ATM, though this might incur extra fees.

Payday lenders that offer prepaid debit cards will either mail the card to you or let you pick it up at a nearby location after your loan has been approved. You may also be able to use an existing prepaid card. Be sure to check with the lender for any restrictions.

Benefits of prepaid debit cards:

  • They’re reloadable. If you’ve already had a payday loan on a prepaid card, you may be able reload the card with a new loan. Likewise, you can also load funds that aren’t related to the loan.
  • They’re reliable. Prepaid cards are often issued under MasterCard or Visa, two trusted and widely accepted brands.

In-store cash pickup explained

Many payday lenders offer cash if you apply in person, and some even allow you to apply online and pick up your loan in person.

When you go into the store to apply, be sure you have your proof of income ready. Without the ability to show bank statements that confirm your financial situation, you may need to produce pay stubs or other employment details.

The benefits of in-store cash pickup include:

  • You can get funding quickly. The in-store application process doesn’t take long, and after approval, you can get the cash within a few minutes.
  • Personal assistance. When you apply in-store, you can work with an associate to craft a repayment plan and get help with the application process.

Prepaid debit card vs. in-store cash pickup

How to applyTurnaround time
Prepaid cardPrimarily online, sometimes in-store1–3 business days
StorePrimarily in-store, sometimes onlineAs soon as the same day

Can I get a no bank account loan loan with bad credit?

It depends. Payday lenders tend to look beyond your credit score to focus on your ability to repay the loan successfully. Outside of repayment ability, payday lenders usually base their decisions on your age, state of residence, if you have a valid form of photo ID and if you’re an active member of the military.
Loans available for people with bad credit

Bottom line

You don’t need to have a bank account to get a payday loan. Your options may be limited, but you can find lenders willing to work with you.

Whether you decide to get a prepaid debit card loan or cash from a storefront, it’s important to consider how you’ll be able to repay it. Missing payments or defaulting on the loan will lead to extra fees and charges on top of possibly damaging your credit. Be sure you’re able to repay whatever you borrow quickly before you sign a contract.

Are payday loans available in my state?

Frequently asked questions

If you have all of your information on hand, it should take just a few minutes.

Criteria varies by lender, but generally you will need to be a resident of a state where payday loans are permitted, at least 18 years old (varies by state) and a US citizen or permanent resident.

Prepaid card fees vary by lender and card provider. You could be charged fees for reloading the card, withdrawing money from an ATM, overdraft and other transactions. Be sure to confirm your card’s fees and limitations before you sign a loan agreement.

You may have other options available, including installment loans and auto title loans. You could also consider asking for a pay advance from your employer or borrowing from friends or family.

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16 Responses

  1. Default Gravatar
    AlexisSeptember 16, 2017

    Hi I’m looking for a payday loan but I only have a prepaid card no bank account

    • Staff
      AnndySeptember 16, 2017Staff

      Hi Alexis,

      Thanks for your question.

      You may check this page to compare debit card loans. You can give the lender a call to confirm if your existing prepaid card meets their criteria.


  2. Default Gravatar
    ThomastannerSeptember 9, 2017

    How do I get a lone an have it sent directly to my prepaid debit card

    • Staff
      MaySeptember 10, 2017Staff

      Hi Thomastanner,

      Thank you for your inquiry.

      The lenders that offer debit card loans are listed on this page. Please review the criteria and contact the lender directly for to discuss your approval.


  3. Default Gravatar
    RandieSeptember 7, 2017

    Are there any loan places in rhinelander wi that can be put on prepaid debit card? If so where or where do I apply online have no bank my. Government benefits go directly on MasterCard debit card

  4. Default Gravatar
    BarbiegurlSeptember 1, 2017

    Need a loan. No bank account. But i have a car I get paid on with a routing and account number …. Is it possible in Ohio to get one?

    • Staff
      AshSeptember 1, 2017Staff

      Hi Barbiegurl,

      Thank you for reaching out to us.

      Indeed, you may apply for a loan even though you do not have a bank account as there are Lenders that considers your application as long as you can show proof regarding the repayment.

      You may check this page for the list of Lenders that offers debit card loan. Kindly review first the Lender’s eligibility requirements and the loan details before submitting your application. You can click on the green ‘Go to site’ to be redirected to the Lender’s website.

      I hope this information helps.

      Let us know if there is anything else that we may assist you with.


  5. Default Gravatar
    CarlynAugust 31, 2017

    I have bad credit no checking account, how come I can’t get a payday loan?

    • Staff
      JoanneSeptember 1, 2017Staff

      Hi Carlyn,

      Thank you for contacting finder.

      Payday lenders tend to look beyond your credit score to focus on your ability to repay the loan successfully. Outside of repayment ability, payday lenders usually base their decisions on your age, state of residence, if you have a valid form of photo ID and if you’re an active member of the military.

      Here are some useful links where you can check on your options:

      Hope this helps,

  6. Default Gravatar
    CurlieAugust 27, 2017

    Can I get a debit card loan within 30

    • Staff
      KyleAugust 28, 2017Staff

      Hey Curlie,

      I’d be glad to help you. Since we aren’t an online lender, we can’t guarantee that you’d receive a debit card loan within 30 minutes. But, there are some lenders who may be able to get you funds the day of or on the next business day, if eligible. Check out some of your options here.

      I hope this helps you out!


  7. Default Gravatar
    ShaneaAugust 23, 2017

    Does Ohio have prepaid card loans

    • Staff
      KyleAugust 23, 2017Staff

      Hi Shanea,

      Thanks for the question! It appears that in Ohio, a prepaid debit card loan is heavily regulated, so it may be a bit of a hassle. Though, NetCredit is a company you may have some luck with. You could always consider a short-term loan – they typically have a turnaround time of 1 to 2 business days. Here is some more information on short-term loans if you’re interested: https://www.finder.com/short-term-loans

      I hope this helps you out!


  8. Default Gravatar
    MarthaJuly 11, 2017

    Can u get a loan with me not having a bank account of my own…(no routing number or checking account number)in my name but I have a job set up Debit card where they deposits my check onto that card. Can I just give the lenders my card number and allow them to withdraw the fees the charges me with off the debit card that was set up by my employer

    • Staff
      AnndyJuly 11, 2017Staff

      Hi Martha,

      Thanks for your question.

      Yes, you may be able to get a loan with a debit card. You may compare your options here.

      Kindly review the eligibility criteria and the relevant terms and conditions of the loan before submitting your application.


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