No credit check loans

When you need money, you probably do not want to wait days to find out whether you are approved. You also do not want piles of paperwork, or to have your credit and income put under a magnifying glass. What you want is an easy way to request a loan.

How credit checks really work

Submitting a request through our site does not affect your credit score. Participating lenders, however, may perform credit checks with credit reporting bureaus or obtain consumer reports, often through alternative providers, to determine credit worthiness. Many lenders start with a "soft" check that does not affect your score. Lenders that advertise "no credit check" usually mean no hard check with the major bureaus, not that your information is never verified.

Loans that look at more than your score

Some loans are designed for borrowers with a low credit score who find it hard to borrow from traditional sources. Instead of focusing only on your credit history, these lenders look at your current situation, your regular income and how easily you will be able to repay the loan within the agreed term. The request form asks for some income information, and the process is kept simple and straightforward.

Explore your options

Loans without a traditional credit check may be called payday loans, installment loans or unsecured personal loans. Look at all of your choices before you decide.

Compare rates, terms and other details

It is important to understand the terms of any loan, the financial information you will be asked for and the total cost. Loans for people with poor credit usually cost more, so compare the APR, the repayment schedule and any fees.

Ask questions before you sign

Once you have narrowed down your list, ask the lender about the rate, the information required, payment options and the amounts available. Go with the lender that makes you feel most comfortable and gives you the options you need.

When you need money quickly

You get paid on a schedule, but bills arrive every day. Cars need repairs, bills must be paid and student loans must be repaid. If one missed payment leaves you short and your bank turns you down because of your credit history, waiting another month is not a good option. A short request through our site can help you find out what participating lenders may offer.

Remember: short-term loans are not a solution for long-term debt and credit difficulties. Only borrow an amount you can repay.