My bad credit has made it difficult in the past to get a loan or a credit card. Once my credit was checked, I was usually turned down, whether it was for a car loan or a credit card. So when financial emergencies hit, I really didn’t know where to turn. Then I found an unsecured loan that needed no credit check.
A unsecured loan for bad credit
I needed an unsecured loan that required no credit check. I am working on improving my credit score, so I really didn’t need another inquiry on my credit report. I learned that one of the factors that negatively affects your credit score is how many times it is pulled and examined. While shopping for a loan, my credit score was periodically checked, which was OK, but credit checks done over a longer period of time can lower credit scores. Plus, I knew that most loans are reported to credit bureaus and that the more loans and the more I owed, the lower my credit score would be. Imagine my relief when I learned that the unsecured loan I found would not be reported to the credit bureaus.
And it just got better from there
My unsecured loan would be a payday advance that had these features:
- Typically no credit check
- No faxing required in most cases
- Fast, simple application that could be done in less than three minutes
- Apply from anywhere on a secure online site
- Response to the application in minutes
- Get as much as $1,500
- It’s an unsecured loan, so no collateral needed
- Money deposited in as little as two hours
- Payback the money as a short term installment loan.
Back on the road again
Even with bad credit, with one simple application, I was approved for a payday advance. I had the money within hours and my credit score wasn’t hurt a bit! I am working to build my credit score back up, and now I can pay that big unexpected bill and avoid missing any other payments. With the easy unsecured loan, I am back on my way to financial stability.