No credit check loans may seem like a dream come true for those with Bad Credit Personal Loans. However, no credit check loans are quite different than one may think. A no credit check loan is not a loan you can get to buy a car or a house.
Bad Credit Loans have to main features. They are for small amounts, usually under 1,000 dollars, and they are for a short period of time, usually two weeks.
No credit check loans are often called payday loans or check advance loans. They are meant to be used in an emergency and not as extra money. These loans are a secured loan that is secured with a check in the amount of the loan plus fees.