How can one avail short term loans without credit... - Limited/Bad/Fair Credit Questions


ADVERTISING DISCLOSURE: is an independent, advertising-supported web site. receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Questions » User Questions » Limited/Bad/Fair Credit » How can one avail short term loans without credit check

How can one avail short term loans without credit check

Answered on | Updated on November 15th, 2010
The content is accurate at the time of publication and is subject to change.

Everyone is aware of the fact that there could be financial emergencies which could crop up at any time. What does one do in such situations, especially when they are financially weak? The simple solution is ‘no credit check payday loans’. As the name suggests, these loans are easily available and the borrower can get some fast cash without having to furnish unnecessary details.

In general, one has to face unwanted credit checks in order to avail a loan such as past credit history, credit score, repayment capabilities etc. The scenario could be even worse for someone with a bad credit score or bad credit history. The problem then gets compounded because no one would be willing to give a loan to such an individual. But with these loans all that one needs to do is fill in the online application form, wherein the loan amount is mentioned.

The lender would want some very basic information such as the details of the borrower’s bank account, address, age proof etc. Once this information is furnished the requested loan amount is transferred to the borrowers account without any further delay and wastage of time. The amounts that might be disbursed could vary anywhere from $200 to a sum of even around $1500. These amounts are generally arranged at very minimal interest rates available at that point in time.

This is an ideal scenario for someone who is in a financial urgency to say, pay some utility bills, auto repairs, house rent, child’s tuition fee, and other such daily needs. One no longer has to worry about unavoidable situations wherein one has overshot their shopping budget etc. These loans are fast, simple and there are minimal requirements. Here both good as well as bad creditors can avail of these loans. These are short-term loans and only small amounts are available. These are mainly given to an individual on a short-term basis, such as until the next pay day. The lender requires his money back and hence the tenure is very short.

These no credit check payday loans are financial options wherein the borrower can utilize this facility in times of financial emergencies. Since the lenders are not biased and uninterested in previous credit records the borrowers are saved from all the unwanted worries about bad credit history etc. Since the repayment tenure is very short the borrowers are generally expected to make the payment on receipt of the next pay.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Perfect credit not required for approval; we may approve you when others won’t
Fair/Bad Credit
Instant $500 Credit Line. No Credit Check.
Bad Credit
Monthly reporting to the three major credit bureaus
Fair/Bad Credit

Other Questions in
Limited/Bad/Fair Credit

You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!