Payday Loans and Direct Deposit


Can I get the funds from my payday loan directly deposited into my bank account?

Yes! After we have approved your loan amount, let us know how you would like to receive your money, including a direct deposit into your bank account.

Direct deposit transactions are available for online loans only, and are processed via ACH (Automated Clearing House) and are done in batches so funds are available within one to three business days, depending on the day your loan is approved.

In addition to the option to receive direct deposit of your funds, we also offer two other options to receive your cash.

Choose the option that works best for you:
  1. Pick up your cash at a nearby Moneytree branch.
    Funds are available immediately!
     
  2. Have your loan deposited right onto your Prepaid Debit Card purchased at Moneytree.
    Funds are available immediately!
Don’t have a Prepaid Debit Card?

Visit any Moneytree branch to purchase a prepaid debit card. The next time you take out an online loan you will have the option of direct deposit to your bank account, or you can choose to have your funds deposited right onto your prepaid debit card so that your money is available immediately!

Questions? Please call our Customer Service Department at 877.613.MONY (6669).