4 No-Credit-Check Loans and Borrowing Alternatives

No-credit-check loans can have high rates and short repayment terms. Compare your options, including loan alternatives. A no-credit-check loan can seem like the only way to get cash fast if you have a  ultimate guide low credit score or no credit history. But some no-credit-check loans are risky, especially those with triple-digit interest rates and short repayment terms.

Emerging financing options like “buy now, pay later” and cash advance apps, which provide access to cash without a hard credit inquiry, are alternatives to no-credit loans.

Whatever type of no-credit-check financing you consider, research the lender and rates — and make a plan to repay the loan — before you borrow.

Leave a Comment