In some cases, MCAs result in a debt trap, where it is just about inconceivable to repay and you have to refinance into one other — and yet one more — MCA or file for chapter. Banks are just as unhealthy as payday lenders because they arrange packages which might be basically payday lendings operations (like direct deposit advances). In its place, you can also make a money withdrawal at a collaborating bank or a credit score union.