Payday loan question

[ang_666]

One of my friends has some dumps and cvv fullz with bank logins, all of it on the same cc/owner. He can do a payday loan and get 1500$ transfered into the account instanly since he has all the necessary info, but he wants to know - when the $1500 from the loan got transfered to the bank account, will one of his people be able to cash the money out using the plastics with the magnetic data of that cc ? Note that the cc is linked with the bank account, so the question is will a payday loan also increase the cc balance so the cashout will be bigger after doing a payday loan ? thanks, i will give +1 in his name to anyone that provides an answer.

 

[montus72]

I think he should wait 48 hours after the payday loan has been accepted and deposited into the account. This way the deposit wouldn't be pending and the card would be able to access the funds for withdrawal.

Please note that there is a different between a direct bank check card (debit card linked to the account) and a credit card funded by the account. The debit card would have a direct access to the balance while the credit card runs on the credit limit and get paid back by the owner with the account.

I hope this helps.... so basically, after you are sure the card is debit or credit, wait for 48 hours after approval and deposit, then make the withdrawal.

 

[vinsent]

be clear, is there a credit card (CC) on the account or a DEBIT CARD linked to the account?

if he has chase banking with checking acct (loan goes here) and also CREDIT CARD from chase, then NO you cannot use CC

if he has banking with checking and DEBIT card then yes!