Attractive alternative to cash loans available in banks. Loan companies, in turn, try to match their offer to the borrowers’ expectations to provide them with the highest level of service. A quick loan without a bank account is also possible today.
What is the verification transfer for?
Verification transfer is the most commonly used method to check if the data of potential clients applying for a loan matches the current state. It consists in transferring a symbolic amount to the account indicated by the lender in accordance with the instructions given. It might seem that such a procedure primarily protects the interests of the lending institution, but in fact it also helps to prevent fraudulent use of stolen data.
It is worth noting that for similar reasons, people applying for a loan should provide their personal account number in the form provided, and the data must match the information provided in the application. What if there are no funds in the personal account of the person applying for the loan and the verification transfer cannot be made?
In this case, the solution will be a special application that retrieves data from a personal account, of course, with the consent of the person concerned. This method uses a special SSL encryption tool, thus ensuring the security of transmitted information. Verification is carried out in this case using the login details in online banking. This modern solution is not only convenient, but also significantly speeds up the process of applying for a loan online.
Loan without bank account verification – is it possible?
Network users planning to take out a loan online can also find people who do not have a personal bank account. However, it’s worth knowing that can offer cash withdrawals by checks. This method has been used for many years and was often used before the introduction of the electronic account system. How’s it working?
First of all, you must correctly complete the grant application form. After its positive consideration and the loan is granted, the customer receives an SMS with a code. To get the money you need to go to the nearest post office and show your ID card and the mentioned message with the code there – in the case of customers without a bank account, verification is carried out in this way. You can collect cash within 10 calendar days.
Who can use this solution?
A loan without a bank account is a good solution for people who need cash quickly, but due to the lack of a personal account they cannot make a verification transfer. It is worth noting that this situation is not uncommon. It happens that the client of the loan company has a joint account with his wife or husband or is an entrepreneur running his own business and uses only the company account. In their case, as in the case of people who do not have a bank account at all, the ideal solution would be transfer.