If you opt not to take advantage of a direct deposit short term loan
because you do not wish to disclose your account details to your lender, you
can still access a cash loan; however the money you borrow will need to be
issued by the lender in the form of a check. This can take considerably longer
for you to receive the funds from your loan simply because of the time it will
take to issue your check and for it to clear through your bank account.
It is important to note that the process of obtaining a cash loan that does
not involve a direct transfer is the same as a direct deposit payday loan. The
only difference is the actual time it takes for you to receive the money from
your loan. If you need your cash in a hurry, which is within a 24 hour period,
it will probably be more beneficial if you take advantage of the direct deposit
system. Getting your loan this way is certainly more time efficient and you
will be guaranteed that you will not incur any additional charges from your
financial institution in regard to processing your check.
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