Same day loans are not at all difficult to obtain while not having a debit card. Internet facility to obtain funds is the only exception here, what is used for a wire transfer of money in the case with debit card same day loans.
If you are opting a scheme of no debit card same day loans, your physical presence is essential in the office of the money lender to get the loan. Loan application form can be filled through Internet, but you must be in the money lender’s office to take the cash.
You are required to give a post-dated cheque and tell your pay date to the lender. If required by the money lender, you may also make your loan repayment in cash. Further all criteria are as same as in other short-term unsecured loans. The most essential criterion is at least three months age of your current job. Some money lenders also consider the credit history of their customers.
Loans ranging from £500 to £1500 are made available to you on the website offering you same day loans without any debit card. No extra interest rate is charged by lenders in no debit card Same Day Loans vary from 4.7 to 10% depending upon your credit history.
Weekly wage earners can also take benefit of this scheme. These loans especially facilitate weekly wage earners. Application form is physically presented by them to the lender and they can directly get cash from them. After receiving the wages, they can come to the office of the lender and make payments of their loan amount in cash to the lender. When you opt a no debit card same day loan, you get a chance to create goodwill with the lending company or money lender as both can see each other in person.
Therefore, apart from debit card same day loans, no debit card same day loans are also beneficial for borrowers.