No Credit Check Installment Loans

No credit check loans are typically online payday loans because most payday lenders use databases for verifying the information and rarely use a credit check. Online payday lenders can lend to people with bad credit, many of whom will not get a loan from installment lenders.

Installment loans are larger in size and have longer payback terms as well as lower cost, so they are a preferred method of getting a loan.

As mentioned before, the only way to make sure your lender may be able to do this is to ask in advance if they do a credit check or not. Some do, but most don’t.

If you need less than $1,000, a no credit check loan with a payday lender is the best option. If you need more than $1,000, you may need to shop around to find an installment lender that does installment loans for bad credit.

Here are a few of the general guidelines for being eligible: