An instant payday loan cash on hand can bridge a fast liquidation bottleneck. But not every bank offers this fast solution.
Find out how to find a suitable funder here.
Quick overview – for urgent readers
- Cash in hand is available at the house bank, from the employer, at the pawn shop and with friends
- All other cash advances are transferred by the lender to the current account in order to make cash payments from there
- Mini payday loan with payment in 30 minutes shows the comparison
- Apply for your installment payday loan with payment in 24 hours – directly and without obligation – via the attached comparison
Instant payday loan cash on hand – even with payment in 30 minutes
What is an instant payday loan?
As an instant payday loan credit offers are usually referred to, in which the bank or the savings bank processed the payday loan application directly after receipt. Instant payday loans can be taken over the Internet as well as at local banks.
All that needs to be looked at is whether the corresponding offer was also awarded as an instant payday loan.
Why bar on the hand?
Why the money should be paid in cash, is a perfectly legitimate question. Especially in this day and age, where a referral only takes a few minutes.
But there are still borrowers who do not want to give up on a cash payment. For example, if there are debts and the money should be passed to the creditors.
If there is an account attachment or account lockout, the borrower would have nothing of the money if it were transferred. Similarly, if the partner with whom you have a joint account will not learn about the payday loan.
Or if the money should be passed on in cash and therefore a detour through the account would be too time-consuming.
Instant payday loan cash on hand – lenders
Not every lender agrees to grant a payday loan that pays out the cash. This has not only organizational, but above all safety-related reasons.
Because if the bank can transfer the money to an account, they know that the account information is correct and the account can also be used for repayments. The transfer thus checks whether all data are correct and errors can be excluded.
If the money is paid out in cash, this security is missing. The lender must be sure that all information in the payday loan agreement was correct.
A flat-rate answer or recommendation, who gives an instant payday loan cash on hand, does not exist. Every bank decides this individually.
Not infrequently it is the payday loan amount that determines whether a cash payment is possible or not.
The instant payday loan cash on hand should always be recorded only when a comparison has been made. The comparison does not only show the best credit offers.
It also allows insight into the conditions associated with lending. So it can be seen whether it is really an instant payday loan, in which the cash is paid in cash on the hand.
Often it is indeed advertised. But then look at the details of the payday loan, you quickly realize that a cash payment is only partially possible and the rapid provision of money can only be realized in certain situations.
Therefore, it is important to always study the small print before borrowing, so that the disappointment in the end does not diminish the joy of the instant payday loan on the hand. Our payday loan calculator can be used to search for a suitable payday loan offer.
It is important that the instant payday loan is taken on hand in the best case in the morning of a working day. Only then will the bank have the opportunity to process the application on the same day and to pay the money.