Debit Card Payday Loans
When you need a payday loan but don't have access to personal checks, a debit card payday loan is a safe alternative that provides cash in minutes. Your debit card remains in your possession and you'll leave with cash that day, an option not offered by most payday lenders. Speedy Cash® offers Swipe & Go(SM) debit card payday loans to simplify the loan process. We'll simply "swipe" your debit card and lend you the cash you need until your next payday. Swipe & Go debit card loans provide a quick and reliable payday solution.
What are Debit Card Loans?
Debit card payday loans are short-term loans. If you are familiar with how a payday loan works, then simply replace the blank check with the swipe of a debit card. By borrowing a small sum of cash, borrowers are able to keep up with their financial responsibilities while waiting for their next paycheck.
How Does The Swipe & Go Process Work?
The Swipe & Go loan process is fast, easy and secure. To apply in any of our convenient Speedy Cash locations all you need is your Visa® or MasterCard® debit card, steady source of income and a working number. Our Customer Service advocates will walk you through the application process, inform you about the repayment process, and assist you with any other financial needs such as check cashing or an opt+® Visa® Prepaid Debit Card.
How Does The Repayment Process Work?
To process a Swipe & Go loan we will swipe your debit card and hold the card information in our system until your loan due date; we do not charge any fees to your card. This gives you the option of automatic repayment when your loan comes due. If you choose to do so, your payment will be debited directly from your card. The repayment date will be set up at the time the loan is processed and varies according to your pay cycle. If you do not want your payment to be debited from your card, simply stop in prior to your due date and pay your loan in cash.
To qualify for a debit card payday loan, you must meet the following requirements:
- At least 18 years of age
- Not an active member (or a spouse or dependent of an active member) of the Armed Forces
- Earn at least $400 per month
What Do I Need To Apply?
- Valid Checking Account with Debit Card
- Steady source of income
- Working telephone number