5 Steps to Get a No Credit Check Payday Loan

Payday loan is considered one of the most convenient short-term loans because of its easy and simple process. What makes it even more desirable is its feature of quick approval and accessibility even to people with poor credit score or a bad credit history.

The whole process of acquiring the payday loan just takes hours with minimum effort by the borrower. Following are five easy steps to acquire a payday loan with no background credit check:

Step 1: Search for a lender:

With online scammers all over the internet, the first step should involve looking for a legit and credible payday lender. Not just that, but a borrower must also take into consideration the annual interest rate and other payment policies provided by different lenders. Only after looking at all the features and requirements, the borrower must go for a lending company that best suits his needs and keeps no hidden charges. Along with that, a lending company must always be registered and licensed.


Step 2: Visit an online store or a physical one:

Once the lender has been decided, visit the online store or a physical entity. In case of online store, make sure that there is proper contact information mentioned on the page. Not just an email ID, but a contact number along with the address of the company.

Step 3: Collect all the documents and information required:

Payday Loan

In order to save yourself from all the trouble, call or visit the information page and look at all the requirements and documents required by the lending company. Following are the general information required by all lending companies:

  • Proof of a bank account
  • Proof of a steady income such as pay slips from previous month
  • Contact information and address
  • ID to show your age (must be 18 or above)
  • The borrower must also be able to proof that he-she is not currently a defaulter of any other loan or filed for


Step 4: No credit check:

People who have less than good credit score usually fear of not getting the approval and end up being hesitant of availing the service even if they are in very dire need of a little cash. However payday loans in all countries do not do any kind of credit check, nor do they ask for any financial history, In fact people with bad financial history are also qualified for the loan as long as they have a steady and permanent source of income.

Step5: Bring your check book:

The check is an assurance to the lenders that you will pay your debt. So it is necessary to keep the check blank so that lenders can get the amount that is due on them when the time has come.

By following the above five steps, anyone can get the loan as easily as that. You might also want to check payday loans article by Quiddi Compare. With no credit check the payday loan is one of the most convenient and easily accessible loans that are best in cases of emergency.