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A List of the Best Personal Loans Without Credit Checks

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Do you know your credit score? If your credit score is between 300 and 579 it’s considered poor which impacts your ability to borrow money.

So what should you do if you need to borrow money but have a poor credit score? There are lenders that will provide you personal loans without credit checks.

Read on to learn more about how to get the money you need regardless of your credit score.

Credit Check vs. No Credit Check

It may sound like a great idea to get the money you need while not having to deal with potential rejection due to your credit score. However, there are some downsides.

The downside of no credit check is often higher fees, higher interest rates or the need to have some sort of collateral. Compare lenders side by side to understand the true differences in loan terms and choose the one that is right for you.

If you are looking for more information on the types of loans available, check out this helpful website. Below are our top 3 personal loans that do not require a credit check.

3 of the Best Personal Loans with No Credit Check

There are loans that will perform no credit check, some that will loan to you even if you have bad credit, and some loans still will look for other indications of your creditworthiness other than your FICO credit score.

Below are loans that do not require a credit check.

CashNetUSA Personal Loans

CashNetUSA looks for other information than your credit score to determine your creditworthiness. Keep in mind the length of your loan and amount will depend on your state laws.

There are, however, qualification criteria you must meet. You must be 18, a U.S. citizen or permanent resident, have an email address and active checking account. You must also provide a valid drivers license and be employed for at least one month.

With CashNetUSA you will get the funds the next day and have 31 days to repay it. Unfortunately, even with no credit check, not everyone is approved and the fees are high.

Finova Financial Auto Equity Loan

Finova Financial uses an online system with quick approvals. In some cases, they provide the funds the same day. In lieu of a credit check, they hold your car’s title as collateral.

In order to qualify for this loan, you must own your car with no liens, provide proof of income and residency, and carry a comprehensive and collision insurance policy on your vehicle.

Unfortunately, Finova only operates in California, New Mexico, Florida, South Carolina, Arizona, and Tennessee and you could lose your car if you do not repay the loan.


MoneyMutal is an online marketplace for borrowers and lenders. They use a simple online form that provides funds in less than 24 hours. They provide short term loans but do require an income of at least $800 a month

Since MoneyMutal is a marketplace there may be other requirements dictated by the lender. Be sure to read the terms of your loan completely.

Ultimately, you should improve your credit score so that if you need to borrow money you can do it at a lower interest rate. However, if you find yourself in need of cash, there are options regardless of your credit score.

Get the Money You Need Now

Taking out a personal loan without credit checks can be risky. It’s important to do your research and weigh the pros and cons before you apply. You might really need the cash now, but if you can’t pay it back fast you’ll end up with even bigger money problems in the future.

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