5 Signature Loans with No Credit Check

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If you find yourself in a situation where you need cash fast, but your credit is less than stellar, you will be happy to know that you still have options in the lending world. Thankfully there are certain lenders who understand that a low credit score doesn’t always mean you can’t be trusted with money. Life throws curveballs at the best of us, and everyone deserves another chance to get back on track.  Maybe you are in between jobs, or perhaps you were sprung with an unexpected surgery - there are a lot of reasons you might need to turn to a signature loan. Typically lenders do require a credit check for signature loans unless they have collateral tied to the debt. If they do have collateral tied to the debt, it is then called a secured loan , which limits the risk of the lender significantly.  Pulling your credit is a way for lenders to confirm your creditworthiness since it is essential for them to assess their risk on a loan. If you don’t have what the industry considers to be a good credit score, you will need to provide proof of your income to show you are good for the loan. When you borrow money with a signature loan that doesn’t need to pull your credit, you are going to pay a higher interest rate as a result. But if that is your only option, you have to weigh the cost vs. reward for whatever you need the funds for. 

Let’s take a look at 5 signature loans that don’t require a credit check.


This lender advertises itself as America’s most trusted resource for cash loans. They state their minimum requirements for loan approval right on the website so you can feel confident about applying. The application should only take a few short minutes, and once approved, they are able to get you funds as quickly as the next business day.   There are no fees to apply with CashUSA, and loan amounts range from $500 to $10,000.


BadCreditLoans mission statement is to make it simple for consumers to get the funds they need. They accept all credit types, and although the service is free, they are transparent on their website that they may be compensated by sharing your information with other lending partners.  If they aren’t able to get you approved for funding for some reason, they have other resources to help with debt relief or credit repair.  The loan requirements are very basic, and you can apply for a loan up to $10,000.


“Get the money you need when you need it.” is their motto. BillsHappen has an intelligent marketplace to help you get funding fast. They too say they can sometimes get your money to you as soon as the next business day. It’s a very secure process and only requires very basic information to get started.  There are no fees to apply, and they offer loans up to $5,000.


LoansUnder36 has a goal to protect you from unfair and illegal lending practices. Although there may be lending fees once approved, there are no fees to apply. You can rest easy knowing that no matter the amount you are approved for, the annual percentage rate (APR) will never be more than 35.99%.  They are open in stating there are prepayment fees if you pay your loan off early, but you can apply for a loan as much as $35,000 or as little as $500.


CreditLoan offers small loans for poor credit. They have been in business since 1998 and really aim to help educate users on personal finance topics. The website is clear in stating that they will give better terms to consumers with a high credit score, but they will not turn down applicants with little or bad credit.  With bad credit, you can apply for loans ranging from $250-$5,000.

Those were our top 5 picks, but there are many more options available. We can help start-up business owners and consumers find the lending solutions they need. 

Things to Consider

These types of loans are helpful to make ends meet, but by no means are they meant to be taken out consistently. Once you are able to get your finances back on track and get your credit score up to where the industry considers being good credit, you will have many more options when it comes to borrowing funds. The goal is to show a pattern of good borrowing practices, so if you need another loan in the future, you can pay less for using it. 


Here are the common key items we found lenders were looking for when applying for a signature loan without a credit check:

  • Must be 18 years of age
  • Social security number
  • Provide proof of steady income
  • Valid checking account information

Some lenders may require other documentation, but the above-mentioned checklist was consistent among all of them. While all of these lenders claim your credit score is not a deciding factor, it will however, influence the terms you are offered.  Most all of them determine your eligibility with a soft credit pull , which should not affect your credit score. Other soft credit inquiry examples would be a background check for employment or pre-qualified credit card offers. 

Other Options

Other than obtaining a signature loan without a credit check, there are a couple of other options available to borrowers who have very little or bad credit. 

Payday Loan 

Payday loans are usually not recommended unless for a rather small expense. These types of loans are considered to be a secure loan because they use your paycheck as collateral. The loan amount is limited as it is determined by your weekly or monthly income and may require you to authorize an auto-debit from your checking account when the loan is due. 

Car Title Loan 

A car title loan, or fast auto loan, is another type of short-term loan that is secured by the title of your car. To qualify for this type of loan, you must own your car outright or owe less than what it is worth. These loans typically come with a high APR and can be very risky. If you default on the loan, they have the right to take your car away.

Cash Advance 

If you have a credit card, a lot of them allow you to borrow cash at a rate lower than other types of loans we mentioned. The interest rate will be higher than what you are charged for normal purchases and may have an additional cash advance fee. Do your homework and consider all fees before making a decision. 

Bottom Line

We all get into tricky situations from time to time, and although no one really likes to have to borrow money, it is completely necessary sometimes. If you need to borrow funds for an unexpected expense, make sure it is worthy of the fees you will have to pay. Common reasons include car repairs, medical costs , or home repairs. These are all valid reasons to borrow money from a lender as they are usually non-negotiable essentials.  Thank goodness there are lenders who will overlook credit history and take the chance to help consumers in a time of need. Of course, it is a business for them, so they have to cover their risks in other ways, such as charging higher interest rates than regular signature loans.  Things happen, and no one is immune to tragedy. If you ever found yourself in a situation where you need cash fast, but your credit wasn’t up to par, you would fully agree that paying higher rates is totally worth getting the money in your hands quickly. Everything is relative in this world. The good thing is, you do have options. There are a number of online lenders to choose from. Just about all of them include a quick and easy application process with no upfront fees. Once approved, the funds can be in your bank account in as little as one business day.  A lot of them want to help educate consumers on how to get their credit rating higher so they can get out of their financial mess. They are not trying to trap you into some never-ending cycle of debt.  However, if you don’t think a signature loan without a credit check is a good option for you, we have other options available. Contact us today to see how we can help. Sources: https://www.experian.com/blogs/ask-experian/what-is-a-secured-loan/ https://www.cashusa.com/why-choose-us/ https://www.badcreditloans.com/how-it-works/ https://www.creditkarma.com/advice/i/hard-credit-inquiries-and-soft-credit-inquiries

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