Q:

Where can you get a loan with your paycheck and debit card?

A:

Quick Answer

There are numerous online lenders, such as Speedy Cash and Montgomery Braces, that are able to give away loans with only a paycheck and debit card, note the Speedy Cash and Montgomery Braces websites. These companies issue payday loans to individuals who are looking to get a quick loan and who might not have good enough credit scores to get a loan from a larger lender.

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Full Answer

Payday loans are a type of small loan that is given to an individual that will pay back the loan with his or her next paycheck, states Speedy Cash. These types of loans typically have extremely high interest rates, which incentivizes the borrower to pay back the loan as quickly as possible. These loan agencies require information from a previous paycheck, and sometimes from a debit card before issuing the loan.

Some places to get a loan with a paycheck and debit card include any of the large number of online payday lenders, including Speedy Cash, Speedy Loan and Check Into Cash. These loans are normally less than $1,000 and are limited by the borrower's paycheck. Individuals who wish to get a loan using a paycheck and debit card should fill out the information on a lender's website, but should be cautious as to not give away personal information to a company that could scam or charge hidden fees.

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