The lender will give you either cash or a cheque when you apply in-store, depending on your preference. Typically, if you apply online, the funds are directly deposited, though this can take longer than getting the funds in person. When you complete the loan application at the branch, the customer service representative will inquire as to your preferences. Though years ago, customers had to return to the branch to repay the loan, it is now automatically withdrawn from your account.