Get a No Credit Check Loan from a Direct Lender
Last update: 25 November 2018
If you have a FICO score that is at 629 or less, then you probably have a bad credit score or no credit history at all.
This can make it very hard if you want to take out a bank loan or any type of online loan.
In that case, no credit check loans from direct lenders can be an option for you to get the money you need quickly.
With loans from direct lenders, you don’t have to deal with middlemen, so you aren’t stuck paying extra fees for brokers or agents. Besides saving time, this also reduces the total cost of your loan.
What Are No Credit Check Loans?
No credit check loans are loans that are issued without taking into consideration the credit history or credit status of the borrower.
Car title loans and payday loans are types of loans with no credit check required, so they don’t take into account the borrower’s credit score.
For people that have bad credit or don’t have any credit, it’s a safe method of getting emergency cash to use for any need.
Do Credit Checks Matter?
If you have had several hard credit checks in a short period of time, a lender can think you’re really desperate for cash. Or they might think you’re trying to get more loans before paying off money that is already owed. If your frequent loan requests cause you to seem risky, your credit score might be lowered.
Hard inquiries are a sign the borrower is seeking another loan or new credit, which could increase the borrower’s debt. Soft credit checks, however, are not the same.
Who Needs a No Credit Check Loan?
No credit check loans are in demand by people who:
1. Need some emergency cash but have no credit or bad credit
2. People who want to avoid a credit inquiry appearing on the credit history
3. Borrowers who cannot get a traditional loan from banks
No Credit Check Loans - How They work?
A. Auto Title Loans
Auto title loans – If you are the owner of a motorcycle or car, you might be able to qualify for auto title loans. They have a lower APR because collateral is required for loan security, which is a car in this case.
Even though you must give up the title to y our vehicle, you can still keep the car to drive while paying back the loan.
The lender, who has the title is the lienholder and the legal owner. Pay off your loan and the lien is removed so you get your title back. Learn more about this in our article called All About How Do Title Loans Work.
B. Payday Loans
Payday Loans – As short term loans, payday loans must be paid back in 2-4 weeks. Borrowers don’t need to give collateral, but due to how fast and easy they are to get they usually have a higher APR than credit cards or different types of personal loans.
Since payday loans are according to state laws, the interest rates, laws and terms vary according to the state in which you live.
C. Cash Advances
Cash Advances – A cash advance, which is one type of loan, is a loan for those with bad credit and is similar to payday loans. With a credit card, you might be able to use it to withdraw cash advances for emergency cash needs.
Montana Capital Car Title Loans a Direct Title Loans Lender
As direct lenders, we do not use a middle man. We keep your private details secure and do not share it with others. You won’t receive email offers, mailers or harassing telephone calls from us.
We have convenient applications for online title loans that are no credit check loans from a direct lender. Yes, you’ll have to give up your title but your car is yours to keep and drive while you are making payments.
Please feel free to use our guide shown below for more information regarding our no credit check loans online application, repayments, requirements, advantages and more.
A. Online Application
Online Application – Send in the online title loans application or give us a call today at: (323) 498-2188.
Requirements – See below for a list of title loans requirements:
Personal Details – Give us personal details such as your phone number, name and email.
Car Details – The model, year, make and mileage on your car so we can check its title loan value so that you can use it for collateral.
Car Title – We will need to confirm that your name is on your lien-free car title
Identification – Show us your driver’s license, passport Or state ID.
Regular Income – Show us your income, such as a paycheck stub, benefits and/or disability payments. This could also be social security payments or other sources of income.
References – 3 are required
Call us! We can help you with the below if you don’t have what we need!
Approval – We will determine the general condition of the vehicle you are using as collateral to set the amount of your loan limit.
The range of $2,600 to $20,000 is also dependent upon the borrower’s ability to make the loan payments.
D. Loan Funding
Loan Funding – Following approval of a title loan application, the terms and rates of your no credit loan will be reviewed with you by someone from our team.
They’ll inform you of how much you qualify for. Accept our conditions and terms so that you will be able to get your money in a short amount of time**.
Repayments – The APR on our repayments of monthly installment loans from no credit check direct lenders can be as little as 60% or as high as 130%.
This applies to customers who fulfill our credit requirements and are qualified.
Further Benefits of Loans with No Credit Check:
Products and Services:
A Reliable Bad Credit Loans Direct Dealer
We are a legitimate direct loan lender, and we do our best to offer a positive experience for all of our customers. We have a large base of returning borrowers that is proof of the high degree of customer satisfaction that we offer.
When you are in need of a personal loan with direct lender, Montana Capital Car Title Loans can be the best choice for no credit check loans online. We prepare loan solutions to meet your special needs without running a credit report.
If you need money today, don’t wait for it! Get the urgent money you need easily through no credit check loans. Good credit, bad or customers who have no credit at all are invited to apply online today or give us a call at: (323) 498-2188.
*Disclaimer: In some cases, you may be asked to give us more documents, depending on your own situation. The time of funding depends on availability of Montana Capital Car Title Loans locations and the completion of the loan process. Typically, funding time is from 1 to 3 hours after approval.
**Disclaimer: After you finish the application process, there may be conditional offers following the Underwriting Department’s review of the details.