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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39 Responses

  1. Default Gravatar
    ReteiviaNovember 17, 2017

    How can i apply for a loan. And what all do i need to be approved for the loan. Thank you.

    • Staff
      JoanneNovember 18, 2017Staff

      Hi Reteivia,

      Thank you for visiting finder, we are an Australian financial comparison website and general information service.

      The information will depend on the lender you choose when you apply for a payday loan. Next is that you will need to check on the lender’s eligibility requirements. 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. Some lenders have additional criteria, so be sure to compare your qualifications before you apply.

      You may read further on this page, it will provide some tips to help you determine if this type of loan would be a good option for you.

      Cheers,
      Joanne

  2. Default Gravatar
    ConnieNovember 8, 2017

    How can I get a loan without a bank account I have a pre paid debit card

    • Staff
      DanielleNovember 8, 2017Staff

      Hi Connie,

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      You may refer to this page for options that may suit your needs. You may review and compare the offers available on the table. Once you have selected one, you may proceed by clicking the green “Go to Site” button.

      I hope this helps.

      Cheers,
      Danielle

  3. Default Gravatar
    DanyulNovember 4, 2017

    can someone get a loan whom lives in a prohibited state, from a state thats not prohibited?

    • Staff
      renchcruzNovember 4, 2017Staff

      Hi Danyul,

      Thanks for your inquiry. Please note that we are not affiliated with any company we feature on our site and so we can only offer you general advice.

      If your permanent residence is in a state that allows payday loans but you’re temporarily living in another state, you may be able to get a loan. Getting a payday loan could require more interaction with the provider to confirm your permanent residence versus your temporary one.

      Whether you’re applying online or in store, there’s no guarantee that the lender will approve you — even if you’re only temporarily in another state.

      You may contact your preferred lender directly to inquire and comfirm information.

      Best regards,
      Rench

  4. Default Gravatar
    FelisaOctober 31, 2017

    I need a loan fast to get my car fix but I don’t have a bank account

    • Staff
      AshOctober 31, 2017Staff

      Hi Felisa,

      Thank you for contacting finder.

      You may check this page for Lenders who can deposit borrowed cash into a debit card. The loan approval may differ from Lender to Lender as they have different eligibility criteria. Another alternative loan options can be found on this page, you may click on the green ‘Go to site’ button to have more information on the offer.

      Before applying for a loan, kindly read the details first to ensure that you meet the eligibility criteria and requirements of the loan option or lender, as well as the relevant PDS/ T&Cs of the loan option before making a decision and consider whether the product or option is right for you.

      I hope this helps.

      Please do not hesitate to contact us again if you have additional questions.

      Cheers,
      Ash

  5. Default Gravatar
    AhmedOctober 27, 2017

    Hi
    I am from pakistan
    Can i get payday loan?

    • Staff
      LiezlOctober 28, 2017Staff

      Hi Ahmed,

      Thanks for reaching out.

      In order to qualify for a loan, you must 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. If you’re currently in Pakistan, I’m afraid you will not qualify for a payday loan. However, if you are in the US, you might be able to apply for a nonresident loan from the lenders listed on this page.

      Best regards,
      Liezl

  6. Default Gravatar
    TiffaneyOctober 25, 2017

    Hi. I wanted to know is there any payday loan company that will just take my bank statement without my pay stubs

    • Staff
      JhezelynOctober 26, 2017Staff

      Hi Tiffaney,

      Thank you for your comment.

      Most of the lenders look at your capacity to repay a loan. It is best to provide proof that you have a steady source of income and you can provide details about your employment status and income. Bank statements maybe acceptable however lenders have a unique way of assessing your repayment capacity. So it is best to contact the lender before you submit an application to make sure that you fit the eligibility. You may check the lenders on this page that offer debit card loan.

      Hope this helps.

      Regards,
      Jhezelyn

  7. Default Gravatar
    StephanieOctober 21, 2017

    I’m on SSI and don’t have a bank account. I need a loan for $100 until November 1st. Is this possible right away?

    • Staff
      renchcruzOctober 21, 2017Staff

      Hi Stephanie,

      Thanks for reaching out to us. Please note that we are not affiliated with any company we feature on our site and so we can only offer you general advice.

      There are lenders that will still consider you without a bank account, meaning you can still get a short-term loan. Payday lenders are typically more concerned with your ability to repay the loan, you will need to provide proof of income.

      You can also have a look on this page and compare short term loans.

      Please click the name of your preferred lender to find out the details and the minimum eligibility. You may then click the green “Go to Site” button to submit your loan application online.

      Best regards,
      Rench

  8. Default Gravatar
    matomeOctober 20, 2017

    I don’t have bank account and I need money today I need to pay my thing please help me

    • Staff
      JudithOctober 20, 2017Staff

      Hi Matome,

      Thanks for contacting finder, a comparison website and general information service.

      You are viewing the right page that would help you in applying for a loan which would best suit your needs. To know more about each lender, kindly click “Go to site” and “More info.”

      The in-store application process doesn’t take long, and after approval, you can get the cash within a few minutes. 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 other loan options can be found on this page and on this page.

      To improve your chances of getting approved for a loan, please ensure that you meet the eligibility criteria and requirements of the loan option or lender and make sure to read the details, as well as the relevant Product Disclosure Statement / Terms &Conditions of the loan option before making a decision and consider whether the product or option is right for you.

      I hope this helps.

      Best regards,
      Judith

  9. Default Gravatar
    StephanieOctober 16, 2017

    I need a payday loan until next monday. I do not have a ca r title or bank account.

    • Staff
      JhezelynOctober 17, 2017Staff

      Hi Stephanie,

      Thank you for your comment.

      You can still get access to a payday loan through a prepaid debit card. This will let you access your loan money faster without the need for a bank account. You may check your options here.

      I hope this helps.

      Regards,
      Jhezelyn

  10. Default Gravatar
    SharithabrownOctober 9, 2017

    How can i get cash today for my bills

    • Staff
      DanielleOctober 9, 2017Staff

      Hi there!

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      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. You may also refer to the options above that may suit your needs. You may review and compare the offers available on the table. Once you have selected one, you may proceed by clicking the green “Go to Site” button.

      I hope this helps.

      Cheers,
      Danielle

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