Warning: Late repayment of payday loans can cause you serious money problems. For help, go to moneyhelper.org.uk
Rates from 12.9% APR to 1721% APR. The minimum Loan Term is 3 months. The maximum Loan Term is 36 months.
Representative Example: £1,000 borrowed for 18 months. Repayment of 17 Months at £87.22 and final repayment of £87.70 The total amount repayable is £1570.44. Interest amounts to £570.44, an annual interest rate of 59.97% Representative APR: 79.5% (variable)
Please note: We are a broker, not a lender, and do not make credit decisions.
Subject to application being approved by the lender. Not all lenders are able to provide up to £5000
Looking for no credit check loans with an instant decision? Here at 1st Class Loans, we’ll break down everything you need to know and provide you with some helpful information so that you can make the right decision when choosing your loan.
WHAT ARE NO CREDIT CHECK LOANS?
People often seek out payday loans with no credit check in the hope they will apply for a loan and the direct lender won’t conduct a credit check on their report. This is usually due to having a bad credit score and they are worried that they won’t get approved, or that they don’t want a rejected application damaging their credit score further.
CAN I APPLY FOR NO CREDIT CHECK PAYDAY LOANS IN THE UK?
Unfortunately, the answer is no – In this day and age, no lender will provide funds without doing a few checks first. All direct lenders will carry out a full credit check before finalising their lending decision. The reason for this is to check if you are high risk in terms of paying back the loans, which is also a factor in determining how much APR you might be charged.
However, we might be able to help you with your no credit check loan with instant decision search.
HOW CAN 1ST CLASS LOANS HELP ME GET PAYDAY LOANS WITH NO CREDIT CHECK IN UK?
1st Class Loans serves as a no credit check loans direct lender, and can help customers get a quote quickly in the UK. We use clever software that can help you get a quote from 40+ direct payday loan lenders, without impacting your credit score.
How it works – The technology carries out what is called a soft search. Whilst this isn’t a no credit check payday loan, it allows the lenders to conduct a ‘soft search’ on your credit report to see if you match their lending criteria providing you with a provisionally pre-approved quote, without impacting your score.
If you are matched with a lender, the clever software will then redirect you to the direct lender’s website, and if you decide to accept the quote then the direct lender will carry out a hard credit search on you, before making their final lending decision.
WE DON’T OFFER NO CREDIT CHECK LOANS, WE OFFER SOFT SEARCH LOANS
Customers should be searching for ‘soft searches loans’ instead of ‘payday loans no credit check’. The reason for this is no credit check loans aren’t factual and can be quite misleading.
According to Clear Score “A soft search is a preliminary credit check. It means a lender will search for some information about you, but will not see all of your credit report information.
These types of credit checks are not visible to prospective lenders and only you can see them. You can have unlimited soft searches on your credit report without it having any impact on your credit report or score.
You can see these on your credit report for a period of 12 months.”
Getting a quote through 1st Class Loans will only ever leave a soft search on your credit history. But if you were to apply through a no credit check direct lender, then in most cases this will leave a hard search on your file.
DO YOU NEED A NO CREDIT CHECK LOAN WITH NO GUARANTOR?
If you are searching for a ‘no credit check loan with no guarantor’ we can offer you an alternative – no credit check loans with no guarantor quote. We have a very detailed page about no guarantor loans and as previously stated above our partner’s software will only ever carry out a soft search on you whilst searching for a quote.
FINAL THOUGHTS ON NO CREDIT CHECK LOANS WITH AN INSTANT DECISION
Here at 1st Class Loans we believe in honesty and treating our customers fairly. While we technically aren’t a no credit check loans direct lendor (because this doesn’t truly exist), we can help you get a loan even with bad credit or no credit, using soft searches.
We will always advise that you only commit to a loan if you really do need it for emergency cash. Fast loans shouldn’t be taken out lightly, and if you feel like you are caught in the payday loan cycle please read our blog on financial management and seek some professional financial help.
If you have considered other options and you wish to proceed with a no credit check pingtree loan, then we recommend using 1st Class Loans. For more information about how the pingtree works please see our Pingtree loans page
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1st Class Loans
Monday - Sunday: 00:00 - 23:59 Office 131, Silk House, Park Green, Macclesfield Sk11 7QJ
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[email protected] £100 to £5,000 Here at 1st Class Loans, we strive in providing a seamless, online service to all of our customers, in their search for an online payday loan. Our business model is designed to provide such a first-class service, that our customers would be happy to recommend to others. We aim to be your number one choice for your financial needs in the market.WHAT SERVICE DO I GET WITH 1ST CLASS LOANS? Our introductory service provides you with a simple and fast online lending application process, providing you with an instant online decision for your payday loan.The security of your personal data is important to you, which makes it a priority to us. That's why 1st Class Loans does not retain any of your personal information. We will only ever ask you for personal details which relate to your loan application and nothing additional for research or marketing purposes unless you want us to. If you're not satisfied � we're not. Please tell us if you feel there is anything that we can do to improve your experience by visiting our Contact Us