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Is It Possible To Get A Payday Loan Without A Checking Account?
Most companies that offer paycheck advances require applicants to have checking accounts because it provides them an easy way to verify customers’ income and quickly get paid when the loan comes due. According to the FDIC, however, about 10 million households in America don’t have bank accounts. If you need cash fast but you don’t have a checking account, you may still be able to take out a payday loan. Here are a few possible solutions to this problem.