Where to borrow money when you don’t have a bank account?
The choice of loan is influenced by a number of different aspects – in addition to the required loan amount, repayment period, interest rate or fees, the way it is paid also plays a major role for many people. Not everyone has (or can have) their own bank account. A lot of people have gotten into execution and if they lost money to their bank account, they wouldn’t get anything out of them – so they’re looking for ways to get a loan without an account.
Without an account, they only lend to non-bank companies
Indeed, the selection is very limited in this category, as non-bank loans are only granted to non-bank companies, and there are a large number of those who require the account – some even check that the applicant is actually the owner of the account In addition, most companies do not give loans in any way other than cashless loans. But there are still providers that can get a loan without a bank account, but there are very few.
The payment of the loan is possible at the client’s home as well as in other places
For credit companies that offer cash borrowing, there are several ways in which money is paid out – most often it is cash on hand, directly at the client’s home, and elsewhere, it is necessary to visit the provider’s office. Other credit companies have contracts with some large chains, so the loan can be paid out, for example, at a newsstand or at a gas station. On the contrary, the payment of a loan by postal order (postal order) is almost non-existent.
For loans without an account, it is important to beware of fraudulent offers
As a general rule, for non-bank loans, if you are looking for one, you should be careful not to fly to the fraudsters. In the case of cash loans, caution is doubly on the spot – people without an account are often in a financial crisis and are more likely to jump to someone who offers them a tempting offer. If you are considering a cash loan, you should always “tap” the company first on the Internet and only apply once you are 100% sure.
Tips for proven and reliable loans for which you do not need a bank account:
The loan is on
Thanks to a massive advertising campaign, the loan from Truloan Finance has become one of the most famous non-bank loans in the Czech Republic. For those who do not have an account, Truloan is also interesting in that it offers the opportunity to have the loan paid out in cash at GECO’s newsagent network. A big plus in addition is the first free loan, that is, no interest and no fees.
Provident Financial is already on the Czech market and one of the market leaders among non-banking providers. The loan is characterized by the fact that it is paid by the company’s sales representatives in cash directly at their clients’ homes. But it should be added that this form of loan is really just for those who do not have an account – because Provident also offers a non-cash loan, which is significantly more advantageous.
Another option to make a loan without an account is a loan from portal. This allows money to be collected at the EuroOil petrol station network – the loan can be selected at any of the company’s petrol stations. As with the Truloan loan, there is a choice of any day of the week, including weekends and holidays.
Our latest tip for a cash loan without a bank account is a Smart Loan. With its parameters, it is very similar to Provident’s loans, even in this case, the sales representative of the credit company will bring you money to the house. The repayment period is either 14 or 18 months, the loan is repaid by regular monthly installments, which are again in cash.