no debit card required pay day loans, payday lenders requiring no debit card

No Debit Card Pay Day Loans

Most payday loan companies require a debit card for repayment of the loan. However the good news is that if you dont have a bank account with a debit card, there are still payday loan companies who are able to help you.

At present these are the only two reputable payday loan lenders who do not require a debit card. Apply direct online via the links. Beware of searching payday loan companies not requiring a debit card online - the listings are dominated by brokers who will take your details and sell them on. The above links are geniune companies who can loan you the cash.

Other Options if you need a payday loan with no debit card.

Prepaid Debit Cards
Some payday loan companies do not require the debit card to be linked to a bank account - just to an account which has your wages or salary paid into it. In this instance some prepaid debit cards can be accepted, particularly if you can provide a wage slip or statement proving your salary is paid into it. Most lenders will be prepared to lend in these circumstances. If you need a prepaid debit card which allows you to have your salary credited directly to it then the Splash Plastic Maesto Card is a good choice.

Apply for a new Bank Account
If you have a poor credit history then opening a bank account can sometimes be a challenge. The UK government declared that everyone in the UK should be allowed to open a basic bank account with basic banking facilities regardless of credit history or status. All banks should provide a basic bank account which can be opened by anyone who can provide ID. The problem is that the basic bank account system is still poorly implemented, with customers being turned down who should be eligible as these accounts are not profitable for banks. Another problem seems to be that some banks have taken basic to the extreme offering bank accounts with no facilities - even direct debits and ATM cards, let alone debit cards. Providing you can supply the minimum ID then you should be able to open a bank account with a high street bank. Another option is a guaranteed acceptance bank account. Although you will need to pay a fee for opening the account, you wll have access to a wide range of banking facilities including standing orders, direct debits, debit card, cheque books and internet banking.

Choose an Alternate Loan
Two other options which may be an alternative to a payday loan are Log Book Loans and Door Step Loans. Logbook Loans are secured on your cars documents, although you keep possession of the car, so there is no need for a debit card transaction to secure the loan. Logbook loans can usually be completed the same day. Doorstep loans on the other hand are unsecured loans, available to everyone regardless of credit history, even if you are unemployed or on benefits. These loans take a little longer to arrange - usually only a couple of days, and the cash is delivered to your door. You pay the loan off weekly via an agent who comes to your door each week to collect the payment personally.