No Credit Check Loans: What You Need to Know This Year

If you have bad credit, getting a loan can feel almost impossible. No credit check loans can help. Even if you have NO credit, you can sometimes be completely cut off from the benefits of the financial system.

What Is a No Credit Check Loan?

A no credit check loan is pretty simple in concept – it’s a loan that doesn’t require the lender to pull your credit history to qualify. Sometimes you could use your income or an asset such as your car as collateral for the loan.

What Your Credit Score Means

- 720+ Excellent – You have access to most financial products with the best terms and lowest interest rates. - 690 – 719 Good – You are still considered a low credit risk, but may not get the best rates available. - 630 – 689 Fair – You may not qualify for some loans or credit card offers, and your interest rates will be high. - <630 Poor – At this level, you will have a hard time qualifying for any kind of financing based on your credit score.

How to Check Your Credit Score for Free

You are legally entitled to get a free copy of your credit report once a year from each of the three major credit bureaus (Transunion, Equifax, and Experian). You can do this easily online at Annual Credit Report.

What If I Have Bad Credit?

Dispute any errors you find on your credit report

Pay off small balance loans

Keep your credit balance as a percentage of total available credit low

No Credit Check Loan Options

Payday Loans

Pawn Shop Loans

Title Loans

Swipe up now for more  financial tips!