No Hassle Loan At Same Day - Requires A Debit Card!
No Hassle Loan At Same Day - Requires A Debit Card!Author: Kirthy ShettyWhen a lender agrees to make instant approval on loans the only criterion he looks out for is the presence of a debit card. He must have a current or a savings bank account which is active from the past 6 months. There is no other criterion he would look for in order to approve quick loans to a borrower who is badly in need of immediate cash.
No collateral required No credits score asked for No lengthy documentation or papers faxed No employment details or financial details required Why does a same day loan lender ask for a debit card? There are various reasons for why an instant loan lender looks out for a borrower with debit card. - Firstly, it is more convenient to make quick approval of loans. The approved loan amount is electronically deposited in your bank’s checking account within 24 hours or the next business day. - It offers enough security that a lender’s loan amount will be paid back on time.
- It also goes to prove that the borrower has some source of earnings and hence he holds a current savings account.
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