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The short answer is no. It may affect the amount of the loan allowed to be taken out with the company. (The worse the credit score, the lower the amount that will be allowed.) All clients have an active checking account for any loan granted to be deposited into.

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Q: Does Check into Cash require good credit?
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How can you qualify for fast cash loans?

You can qualify for fast cash loans by making sure you have a good credit history. To check your credit history you can view sites such as "credit history expert".


Where can one apply for a no credit auto loan locally?

Many local auto dealers will offer loans that do not require a credit check or good credit history. Check with your local auto dealers and see if they can make a deal for you.


What is a loan without credit check?

Loans Without Credit check or you can say the No Credit Check Loans are loans in which the borrower's credit history does not play any part. The Lender will not check the past records of the borrower. It is a good option for those who have from Bad Credit and need Funds. If you are facing problem in paying your dues for your education and you even have problem in getting loan with out cosigner or credit check than there are still some options available. You can apply for private loans that require no credit check or cosigner.


When can i get a cash advance on my total visa credit card?

Using a credit card to obtain cash is NOT a good idea. If you need a cash loan it is better to negotiate this from your bank directly.


When is cash is more convenient than credit?

There are lots of transactions for which cash is more convenient. Not all stores even accept credit cards or have the necessary equipment to process credit card transactions. Lots of people work on a cash basis as well. Aside from cash and credit cards there are also checks, which are good for paying bills, but not everyone will accept a check because checks may bounce. Many restaurants carry a sign which reads "In God we trust; all others pay cash."

Related questions

What is the interest rate on a long term cash loan?

Most cash loans require that you have good credit to take out a cash loan with a low interest rate. It will depend on your credit history, payment history, and if you have any collateral. You might also want to check out a place that offers debt relief consolidation that doesn't require a loan to help pay off you past debts.


How can you qualify for fast cash loans?

You can qualify for fast cash loans by making sure you have a good credit history. To check your credit history you can view sites such as "credit history expert".


What is a good business cash back credit card?

The best cash back business credit card is probably the Citi Dividend platinum card. Blue cash preferred by American express is also a good card to check out.


Journal entry for good sold and check received?

Cash (debit)Income or Revenue (credit)A check is considered cash in accounting and is recorded as such as it is easily converted to cash (or deposited)


How can you get a cash loan quickly?

No, the bank or Loan Co. has to do a credit check and place of employment which could take up to a week or so, if the credit check is not in good standing, or if the person is unemployed then of course no loan


Where can one apply for a no credit auto loan locally?

Many local auto dealers will offer loans that do not require a credit check or good credit history. Check with your local auto dealers and see if they can make a deal for you.


what is a good site to earn rewards and cash out?

Credit


Is it possible for the cash account to have credit balance?

It could be possible for the cash account to have a negative balance. This could occur if they wrote a check out for more money than they have. This would not be a good situation for a company!


What is a loan without credit check?

Loans Without Credit check or you can say the No Credit Check Loans are loans in which the borrower's credit history does not play any part. The Lender will not check the past records of the borrower. It is a good option for those who have from Bad Credit and need Funds. If you are facing problem in paying your dues for your education and you even have problem in getting loan with out cosigner or credit check than there are still some options available. You can apply for private loans that require no credit check or cosigner.


When can i get a cash advance on my total visa credit card?

Using a credit card to obtain cash is NOT a good idea. If you need a cash loan it is better to negotiate this from your bank directly.


Any good recommendation for cash back credit card?

A lot of cards offer cash back rates. Check creditcards.com to compare various cards from various banks and to compare the cash back rates against each other.


When is cash is more convenient than credit?

There are lots of transactions for which cash is more convenient. Not all stores even accept credit cards or have the necessary equipment to process credit card transactions. Lots of people work on a cash basis as well. Aside from cash and credit cards there are also checks, which are good for paying bills, but not everyone will accept a check because checks may bounce. Many restaurants carry a sign which reads "In God we trust; all others pay cash."