Payday Loan with a Blank Check
You can get a payday loan using a blank check anywhere from $100 to $1000 that you can borrow against your upcoming paycheck. It's never deposited before the due date so don't worry about that. Understand that you are borrowing the money and will repay the loan when you get paid again.
Why a Payday Loan with a Blank Check?
You might have an emergency car repair that you have to do now and you need $200 to do it. But you do not get paid for another two weeks, and you do not have the funds to cover it. What would you do? A payday loan with a check can help solve this problem by lending you this amount plus applicable fees. It is important to remember that fees do vary between lenders, and you should find out what they are before you commit to a loan.
A check is the only security that a lender will have when you get a loan. When it comes time for the loan to be paid, you will be able to let them cash your check or exchange it for cash or a money order. Many companies also allow you to receive your money right into your bank account, and then debit the amount due, plus fees, on the due date of the loan. But what do you do if you can't choose these options?
Payday Loan Extension
Many payday check loan companies give their customers the option of rolling over their loan. This means that they give you additional time, typically two weeks, to repay the loan you have taken out. However, you will incur extra fees if you choose the rollover option, so be sure this is what you have to do. You may also use this option more than once for the same loan in many payday lending situations.
You can also take advantage of the convenience of the Internet and get a payday loan using a check online. Simply go to a lender's website and fill out an online application and tell them you want to use a blank check. After it is verified, you will get an approval or denial either by email or by phone. You then get the money deposited right into your account in ones business day.