I mistakenly gave wrong info on cash advance application, saying I had a checking, but had savings. Is that ok?

Personal Finance on April 28th, 2011 2 Comments
Chris C asked:

I have a savings, but put checking with direct deposit by mistake, in which I do not use direct deposit. They called up and asked me to fax a bank statement, then denied the loan after they asked me about the application. Will this affect me in any way?

Tags: , ,

2 Responses to “I mistakenly gave wrong info on cash advance application, saying I had a checking, but had savings. Is that ok?”

  1. Help Is Here! says:

    The only way it should affect you is that you got denied for the loan.

    You need a checking account to get a payday loan.

  2. Reena says:

    Consider yourself lucky…

    Cash Advance Loans are a ripoff and you pay way too much in interest. Not worth it.