They would need your account to automatically payday loans deposit money. It is stated in the law that you Click here should be at least 18 years old in order to enter into a legal contract. If you are like most people (people whose credit reports have been battered into submission by the last financial crisis) then you already know that heading to the bank for a loan isn?t really an option anymore at this point. So, you will no longer keep waiting for the pay to be deposited in your bank account at the end of the month as there are payday loans very helpful sources of funds like these loans now to give you a helping hand.