subject: Personal Loans With No Credit - What Is The Secret? [print this page] There are times that our finances get out of control and need a little boost. If your credit sucks or you do not have any established credit yet, then you might have some trouble securing a loan. If you end up in this type of situation you need to know that there are options and you can get personal loans with no credit. You are not alone when you have no credit or horrible credit.
Most of the people in the middle class or lower classes of income do not have good credit, and even some in the higher income classes have bad credit. Sometimes it is not bad credit that will hurt you, but a lack of credit at all or very little credit.
Regardless of your credit you can still get the loan and money you need. You need to, first, find out what your credit score is and what the details of your credit report are. You can request a free copy of your credit report from all three agencies each year and you should. With bad credit you cannot just go to the bank, sign some papers, and get a loan. Banks will only take those with pretty good credit most of the time. If you really need money and need it fast, though, you can get a loan from a payday loan or cash advance store pretty easily.
These types of lenders will only require a couple of paycheck stubs, a valid checking account, a photo ID, and proof of your address. You will have money in your hand or bank account the same day with a payday loan. This is the way to go if you have bad credit and need the money very quickly.
