subject: Personal Installment Loan No Credit Check - The Dollars You Must Have When Times Are Rough! [print this page] Does your credit issues keep you from getting a personal installment loan? Have you heard of the no credit check personal installment loans that you can get even with horrible credit? This is not an easy loan to find because your credit usually is checked for any type of financing. You should know about both types of options for your loan.
First, always check with your own bank or credit union. Your bank might be able to help you even if you think they cannot. If you have been with them for many years, have had other loans in the past with them, or have investment accounts with them, then they may be able to help you when you need a personal loan. They will check your credit, but if you have a good history with them, then they might give you a loan regardless of your credit.
Plus if you check with your bank first and they can help you, then you will get a lower rate and it will be very easy to make your payments as well.Second, you can use Prosper. Prosper is a place that you can find individuals that will help fund the loan you are after instead of larger banks. They will pull your credit, but only once and they will give you a credit rating with them.
Once they have done this the private individual lenders will be able to bid on your loan listing and help to fund your personal installment loan. You will not be fully judged on your credit with Prosper so you might be able to get the loan you need there. Plus when you are dealing with individual people you will have a better chance to find someone that has had bad credit before and knows how hard it is for you to get the money you need.
Last, the best option for no credit check personal installment loans is to get a payday loan or cash advance. They rarely ever check credit and most of the time they lend money based on your income. You can get up to $1,500 and it usually will be a 30 day loan with the possibility of extension on the payments. You can usually extend the loan for another 30 days for a fee that is about 3% to 5% of the loan amount. It all depends on the lender.
This is a great option if you need money and you need it fast because you can get this type of installment loan overnight and sometimes even with an hour or two. If you have an emergency you have to take care of you can do so with a cash advance or payday loan very quickly.
