3 Loans and Apps That Approve Bad Credit without a Credit Check
Check our article for the best no-credit-check loans with guaranteed approval from top direct lenders. We provide you with all the information you need to make an informed decision about your loan options. Some lenders on our list are not direct lenders. Essentially, they connect borrowers with excellent direct lenders offering no-credit-check loans with guaranteed approval.
Contents
Earnin: Best for Small Loans
Loan amount: Up to $100/Day or $750/Period
APR: 0%
Minimum credit score required: 0
Loan approval time: 1 – 2 business days.
Founded in 2012, Earnin is a loan app that offers guaranteed no-credit-check loans with no fees or charges. The loan amounts range from $100 to $750 per day or period, depending on your income and payment schedule. Best of all, the app doesn’t require any credit score to qualify for a loan.
Earnin thoroughly scrutinizes your emails, bank accounts, working hours, and other financial documents to calculate the loan amount you can qualify for. Best of all, the loan approval process is fast, taking only 1-2 business days.
While Earnin doesn’t charge any APR, the loan app charges up to #3.99 for same-day funding.
How to Apply:
To apply for an Earnin no-credit-check loan, you must download their app and complete the application form with your basic details. After filling out the form, you will receive your loan amount in 1 – 2 days with no fees or charges.
Eligibilities:
To qualify for an Earnin no-credit-check loan, you must:
- Be at least 18 years old.
- Have a steady source of income.
- Have a valid bank account and email address.
- Be able to verify your working hours or income sources.
Highlights:
No credit checks. Earnin doesn’t require any credit check, so you can apply for the loan without worrying about impacting your score.
No fees or charges. Earnin doesn’t require you to pay origination fees, prepayment penalties, or late payment fees.
Fast approval time. The loan approval process is quick and straightforward, taking only 1-2 business days.
Pros:
- No credit check is required so that applying won’t affect your credit score.
- Earnin does not charge fees or charges, such as origination fees, prepayment penalties, or late payment fees.
- Quick and easy application process with fast approvals in 1-2 business days.
Cons:
- Limited loan amounts of up to $100/day or $750 per period.
- Same-day funding at Earnin costs up to $3.99.
Brigit: Best for Credit Building
Loan amount: $5- – $250
APR: 0%
Minimum credit score required: 0
Loan approval time: 60 seconds
Founded in 2017, the Brigit loan app is the best option for building your credit without a credit check. The loan app offers no-credit-check loans up to $250 with 0% APR and fast approvals within 60 seconds. Best of all, you can use the loan to build your credit score and improve your rating over time.
Brigit doesn’t require any paperwork or documentation to apply for the loan. Best of all, you can apply for a loan anytime, night or day. Best of all, Brigit doesn’t charge any fees or interest on their loans. However, the app charges a monthly subscription cost of $9.99.
How to Apply:
To qualify for an Earnin no-credit-check loan, download and complete the application form with your basic details. Best of all, you will get an instant decision on your loan within 60 seconds.
Eligibilities:
To apply for a Brigit no-credit-check loan, you must:
- Be at least 18 years old.
- Have a valid bank account at least 60 years old and an email address.
- Maintain a balance of over $0.
- Have at least three recurring direct deposits from your employer.
- Have a Brigit score of at least 40.
Highlights:
Stress-free banking. Brigit is an excellent option for people who struggle with budgeting, as it helps you create and stick to a budget.
Builds your credit. The loan app is an excellent way to boost your credit score.
Fast funding. Brigit offers quick loan approvals within 60 seconds.
Pros:
- Fast approval time with instant decisions within 60 seconds.
- Helps build your credit score over time with regular use.
- No fees or interest on the loan and no paperwork or documentation are required.
Cons:
- Limited loan amount up to $250.
- Requires a Brigit score of at least 40 and 3 recurring direct deposits from your employer.
- A monthly subscription fee of $9.99.
Funds Joy: Best for an Easy Loan Application
Loan amount: $200 – $5,000
APR: 4.99% – 450%
Minimum credit score required: 0
Loan approval time: 10 minutes.
Funds Joy is an online direct lender network specializing in no-credit-check loans and guaranteed acceptance options. Depending on the borrowers’ requirements and budget, they offer loan amounts ranging from $200 to $5,000. The APR of Funds Joy starts at 4.99% and can go up to 450%.
FundsJoy has the most straightforward application process out of all lenders on our list. Applying for the loan only takes about 10 minutes, and you can get approved in no time. However, Funds Joy charges a loan origination fee of between 1% and 5%.
How to Apply:
Applying for a no-credit-check loan with Funds Joy is easy. All you need to do is visit the website and enter your basic details. Afterward, FundsJoy will connect you with direct lenders that fit your profile. You can select your preferred lender and sign for the loan, after which you receive the loan in no time.
Eligibilities:
Since Funds Joy is simply a lender network, the eligibility requirements vary based on the lender. Luckily, the marketplace is pretty diverse, allowing you to pick the lender with the most reasonable criteria.
Funds Joy is a lender network. Thus the eligibility requirements vary based on the lender.
Highlights:
No credit checks. Funds Joy doesn’t require a minimum credit score to qualify for the loan and doesn’t do a hard credit check.
Fast approvals. The approval process takes just 10 minutes to get your money fast.
Diverse direct lenders. Funds Joy has lenders for various loan amounts, repayment terms, and APRs from different direct lenders.
Pros:
- No credit check.
- Fast approvals and funding.
- Diverse direct lenders to choose from.
Cons:
- An origination fee of 1% – 5% for connecting borrowers with direct lenders.
How No-Credit-Check Loans Works?
No-credit-check loans provide loans without a credit check. The lender will assess your income and other financial information to determine your eligibility for the loan.
Once approved, you can receive the money in as little as 24 hours, depending on the lender. You then have to repay the loan on time under the agreed-upon terms.
Because no-credit-check loans don’t involve a credit check, it can be more accessible for people with bad credit to get approved. However, remember that this type of loan usually comes with higher interest rates and fees than traditional personal loans. The lender takes on more risk by not doing a credit check.
Pros and Cons of No-Credit-Check Loans
Pros:
- No credit check.
- Quick approval and funding.
- Flexible repayment terms.
Cons:
- Higher interest rates and fees than traditional loans.
- Potential for predatory lenders.
Do Guaranteed Loans Exist?
Yes. There is a myth that guaranteed loans don’t exist. The lenders in our list have an approval rate of 97% to 99%. In brief, there should be more than a serious problem with you not getting approved.
With the lenders above, bad credit is okay because some are no credit checks. So the lender doesn’t know your credit. In addition, the lenders also guarantee that you will be approved.
How to Apply for A No-Credit-Check Loan?
You can fill out an online application with the lender to apply for a no-credit-check loan with guaranteed approval. The process is usually fast and easy.
You will need to provide your personal information, such as name, address, income, and bank account details. You may also be asked to provide proof of identification and payment.
Once your application has been approved, the money will usually be deposited directly into your bank account. The funds are generally available as lit.
How Do We Make our List?
To come up with the best no-credit-check loans with guaranteed approval, we looked at direct lenders that offer no-credit-check loans. We had to ensure they met specific criteria, such as being a secure and reliable lender.
We also look at each lender’s terms and conditions to ensure they offer competitive rates and fair repayment terms.
Finally, we look at customer reviews and feedback from existing customers to ensure the lender provides excellent customer service.
By doing all this research, we can provide our customers with a list of the best no-credit-check loans with guaranteed approval from top direct lenders.
We also included direct lender networks, which have thousands of reputable direct lenders. This ensures you have access to the best loan terms and rates available.
FAQs
What is a No-Credit-Check Loan?
A no-credit-check loan is a type where the lender does not perform a credit check. This means the borrower does not have to worry about their credit score impacting the loan process.
Can I Get a No-Credit-Check Loan if I’m with Bad Credit?
If you have bad credit, you may still be able to get a no-credit-check loan. Some lenders are willing to work with borrowers with less-than-perfect credit scores. However, the interest rate may be higher than with a traditional loan.
Compare rates from different lenders to find the best deal possible.
What are the Easiest Loans to Get Approved for?
There are a variety of loans available to consumers, but some are easier to get approved for than others. The most accessible loans to get approved are typically no-credit-check loans with guaranteed approval. This means the borrower does not have to worry about their credit score impacting the loan process.
How Can I Get No-Credit-Check Loans Instantly?
No-credit-check loans can typically be approved and funded within 24 hours. However, this depends on the lender. We recommend working with direct lenders or a direct network for the fastest approval times.
These networks have access to thousands of lenders specializing in no-credit-check loans with guaranteed approval. This ensures you have access to the best loan terms and rates available.
What is the Difference between Direct and Non-direct Lenders?
Non-direct lenders are also known as loan brokers. Loan brokers connect borrowers with lenders and don’t lend any money themselves. Other non-direct lenders lend on behalf of banks or other lenders.
Direct lenders are the actual companies that lend money to borrowers. They are responsible for approving and funding loans directly. You can get your loan approved and funded quickly by working with direct lenders.
Conclusion
No-credit-check loans with guaranteed approval are an excellent option for those who don’t want their credit score to impact the loan process. Best of all, they can be approved and funded quickly if you work with a direct or direct lender network.
We have compiled a list of the best no-credit-check loans with guaranteed approval from top direct lenders. This ensures that you have access to the best terms and rates available.
You can do a little research to find the very best. We have done all the work for you. With our list, you can get the loan you need quickly and easily.
