The world of online payday loans attracts more and more customers. This is mainly due to commercial banks that do not make their payday loan life easier for their clients. People who do not show earnings that are attractive to a banking institution and who already have some payday loans or have had problems with repayment in the last five years can not count on cooperation with the bank at all. Even worse off are people who run a sole proprietorship, where the analysis of their creditworthiness may take exceptionally long, and the application may be refused anyway.
A few parabanks noticed the existence of potential customers who are not in possession of individual personal accounts or do not express interest in creating them at all. Older people have little confidence in banks and prefer to keep their money in the proverbial sock. Other clients with a shared account do not want to create a separate account only for themselves. Still others may have bailiff or tax execution. Understanding the needs of this category of people, non-bank institutions offered payday loans that can be completely procedural without a bank account , but with the option of cash collection at a post office. In this case, the contract is signed by the courier, and when he has already verified the identity of the borrower, he gives him the GIRO check. Installments can be repaid at the post office or bank.
If the client meets all parabank requirements, the decision to grant a payday loan without an account takes place instantly, with the actual delivery of the money lasting several days. The client does not have to ask for a financial product, thanks to which his well-being stays in good condition – there is nothing worse than proving to someone that you are worth money, which you have to give away with additional costs anyway. Thanks to parabanks, customers can enjoy an injection of cash, which they can freely spend on any purpose.