A no credit check loan allows borrowers to qualify for a personal loan without traditional credit score checks. Banks and other classic lenders usually perform a hard credit check to examine borrowers' creditworthiness.
A hard credit check involves scrutinizing the loaning and repayment history, defaults, delayed payments, and other vital records. You probably won't qualify for traditional loan products if you have a bad credit score and a history of delayed payments, defaults, and underuse of provided limits.
No credit check loans involve a soft credit check, examining aspects that don't affect the credit score. Lenders that offer such loans check for current employment/income statures, unpaid loans with other companies, and recent repayment history.
The lenders in our network don't need to review your FICO score or detailed credit reports to assess whether you qualify for a loan. Most direct lenders disburse the loans within the same day.