If you are in a position where you need a loan but do not wish your bank to know about the arrangement then you may well be pleased to discover that such loans are not only possible, but also relatively commonplace.
If you are interested in these loans, the sort of loans that might be called, need a loan no bank account then the place you should be looking is not the conventional lenders that you might have had dealings with up to this point in your life, the banks or credit unions. No these sorts of loans are obtained from the class of lenders that are loosely called the payday lenders. These are lenders who will lend you money for relatively short periods of time, based upon security provided by your next pay check, in cash or other form.
The quid pro quo for taking out such loans is really the only downside, and it may be significant. The interest rate that these lenders charge is quite high and therefore when you do take advantage of the services these companies offer you must be prepared to repay the money quickly otherwise your interest bill will quickly add up and can prove quite expensive in the medium term.