You can easily understand by this debit card loans scheme name that for have this scheme
, you must need to have a debit card on your own name. These loans deposit the money into your saving account immediately as your loan get approved. The main thing about this loan is that it is made directly into the savings account of the borrower on the say of submission of the application form. For this, you must have to show your residence proof also because you need to prove your UK identity because only UK students are eligible for this scheme.
This debit card loan scheme provides the loan assistance only on the basis of debit card which must be on the applicant name. The processing of the whole process from loan request, approval and fund transfer to your saving account hardly takes 24 hours. You must be complacent by the scheme apply mode because now it is possible to apply via online mode. This scheme provides you the fast cash with almost no rejection terms and conditions so dont need to bother too much.
To be a genuine applicant for this scheme, your age should be at least 18 years, you should be employed and should be getting at least 1000 per month. If you can prove this then your power to payback is well defined. You can have the loan even if you are unable to provide any collateral which make it free of any risk for you. So, apply for this scheme to get the loan approved sooner. These kinds of loans are provided to you to come out of your unexpected financial crisis with almost reasonable interest rate so that you can easily repay the loan. If you have debit card then your application will be approved easily.