The sector of non-bank loans via the Internet is currently without doubt one of the most dynamically developing industries on the scale of the entire Polish financial market. Specialists often emphasize that modern loan institutions are already clearly distancing banks in many different fields. It is enough to mention that the number of clients using short-term loans or non-bank installment loans annually is counted in hundreds of thousands of borrowers. In turn, the Register of Lending Institutions kept by the Polish Financial Supervision Authority, which is the base of verified non-bank lenders, consists of almost one hundred different loan companies.
The most attractive and at the same time in a sense the “flagship” segment of the offer of today’s loan institutions are, of course, payday loans online. They are by far the most popular among consumers. However, customers often wonder whether when taking out a loan online it is necessary to use a bank account for this purpose? It is worth mentioning that the offers of many lenders include solutions such as loans with the option of paying by credit check.
Payday payday cash: how does it work?
First of all, the customer should be aware that online loans with the option to withdraw via a credit check do not constitute a separate segment of the loan institutions offer. What does this mean in practice? The only difference between a loan paid with a credit check and a loan with a bank transfer is that when filling out the loan application, the appropriate withdrawal option should be selected. The cost of using the withdrawal via credit check is up to $ 10.
At the same time, you should be aware that in some cases you will need to use a bank account at the stage of applying for a loan. Most loan institutions verify the client’s personal data either through a standard verification transfer or using applications such as Astro or Lite. What’s more, loan companies often state in their documentation that a necessary condition for obtaining a loan is that the customer has a current account with a Best Bank.
In this situation, bypassing the banking circuit will apply only to the process of payment of the loan amount, which the customer will make at the post office via the credit check.
Other important information about payday loans online
There is another important factor when it comes to online loans with credit check payouts. It is worth realizing that if the amount of the loan is withdrawn at the post office, the overwhelming majority of repayments will also have to be bypassed by the banking system. This means that we can pay the payday payday either at the post office or through a personal visit to a stationary branch of a given loan institution.