Most online lenders require applicants to have a banking account which can be accessed by direct deposit. This may make the entire process easy for you as well as the lending company. You can apply for your money when approved it is only moved into a banking accounts. You do not have to move sign papers and receive a check. Checks will often take weeks or days to clean, depending on the lender. You will need your funds right a way and also a long wait will likely be too late if you have an emergency situation to often.