Bad Credit? No Problem: 5 of the Best No Credit Check Loans Just For You

Almost one-third of all Americans have a credit score that is unfavorable. Any score below 601 moves you from the fair category to the bad credit category. Do you find yourself in this boat?

Or maybe you just have not established a credit history?

No credit score loan image 4399399Do you need a personal loan but are afraid you’ll be turned down? Have you heard those advertisements for loans with no credit check? It’s true, you can get a personal loan with no credit.

So…if you are looking for a personal loan with no credit, you came to the right place. Check out these top 5 no credit check loans.

Top 5 No Credit Check Loans

Looking for no credit personal loans? Do you need some money for a home repair or to pay off some debts? Let’s look at the choices of personal loans with no credit.

  1. LendUp

This company offers short term loans with a pretty high annual percentage rate (APR), usually in amounts from $200-1000.

This is a payday-type loan for smaller dollar amounts. As a first-time borrower, the loan is due in a single payment within a couple of weeks.

They also offer the LendUp Ladder where the borrower earns points after paying on time for consecutive loans. The points can earn the borrower a lower APR and a larger no credit check loan in the future.

  1. Bonsai Finance

Bonsai offers larger loans, from $100-15,000. As long as you have income and it can be verified, you can qualify for one of their loans.

These loans don’t always have a high APR, but they are allowed to charge the maximum allowed by law when warranted by a bad credit score.

Taking out a loan with Bonsai and paying it back on time and in full will reflect positively on your credit report because their loans are reported to the credit bureaus.

Read more here about getting a personal loan with no credit.

  1. LoanMart

This company does things a little differently. They use your car’s equity as security for the loan.

The amount that you can borrow depends on the value of your vehicle. The pros of using this company are an in-house title team (you can avoid the DMV!!) and they offer competitive interest rates.

  1. CashNet USA

You can fill out an online application for a payday and installment loan from CashNet USA.

You have to be employed at least a month, be 18 years old, have an email address and an active checking account, and you must be a US citizen to qualify for a loan.


Using an online portal, this company will connect you with lenders who deal with subprime lending. You will receive offers, but there is no obligation and the service is free.

Loan amounts are between $500 and $5000 with terms from 3 months to 3 years with interest rates ranging from 5.99% to 35.99%.

Bad Credit Got You Down? 

Now that you’ve learned all of the no credit check loans available, you don’t need to worry about having bad or no credit. Did you find this article helpful? Be sure to bookmark our site for easy access to all of our insightful articles on anything from business to health to technology.

Video – Credit Score

This Market Business News video explains what a person’s credit score is. Put simply; it gives lenders an idea of how creditworthy a loan applicant is. The term does not have the same meaning as credit history.