As a means of security and to ensure the quickest delivery of your payday loan funds, most lenders require that you have an active checking account that receives direct deposit.

As you probably know, direct deposit is a safe, secure and time-efficient way to get the money you need when you need it. The benefits of the service include that fact that no paper checks can be lost or stolen and payments reach your account the day they are issued, regardless of where you are. Moreover, direct deposit may help you avoid overdrafting your account, as payments are received directly and on time. Also, you don’t have to go to the bank to make your deposit. Ultimately, you need a checking account to receive a payday loan from a lender through TotalCashNow.Com.

Once your cash advance loan is approved by your cash advance lender, a representative from the payday loan company will contact you to conclude the processing of your cash advance loan. It is at this time that you may want to ask your cash advance loan representative when you can expect to receive the money into your checking account. Some customers have reported that their funds were deposited into their checking account within two hours of being approved for a short-term loan. However, time frames may vary depending on your cash advance lender and your financial institution. If you need this information, please don’t forget to ask your lender, as well as your bank.

If for any reason there are changes to your bank information, or you close your account, please be sure to contact your cash advance lender as soon as possible. This is particularly important if you are already scheduled to receive or repay a payday loan. Informing your payday loan company will also ensure a seamless experience when you return to TotalCashNow.Com for your future quick cash needs.

Remember, direct deposit offers you financial protection and peace of mind. It is in the best interests of delivering your funds in the most time-efficient manner. Since most cash advance lenders will typically require that you have a checking account with direct deposit, TotalCashNow.Com reminds you that you must have both in order to qualify for a cash advance online.