Loans No Credit Check What Are They?

by admin | August 25, 2018 7:09 am

loan no credit check[1], what does it mean? The loans coming with no credit check are referred to as the safest way when people have poor or bad credit score. These no credit check loans are referred to the installment and payday loans that the lenders offer.

These are short-term loans and the lenders do not pay heed to the credit score of the applicants. They just run through alternative credit bureaus a soft credit check and this is very light. The soft credit check is nothing but ‘no credit check’ as it just offers an overview of your credit status and no one asks for authorization. It does not affect the credit score and is kept safe. However, such short-term loans are offered by Captain Cash and they are popular among people having bad credit. This is because they offer emergency cash in times of need.

Benefits of No traditional credit check loans

If you are above 18 years, you can avail short-term loans. However there is a need to show steady income source and to have an active bank account.

Endnotes:
  1. loan no credit check: https://captaincash.ca

Source URL: https://incredit.me/loans-no-credit-check-what-are-they/