Can you deposit into a checking account from a prepaid debit card?

Are there any loans that need no checking account or direct deposit only a prepaid debit card?

  • Answer:

    Yes. Unsecured "payday advance" loans online don't often ask for these things. You pay for this conveniance in the back end with exorbant APR. Most lenders that would give you a decent interest rate are usually interested in an actual account. Lenders are looking for ability to repay debt, and that is easy to assess since you can track transactions and average balance. Prepaid debit cards are considered the same as cash in the lending world.

wiki.answers.com Visit the source

Was this solution helpful to you?

Related Q & A:

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.