No Traditional Credit Check Payday Advance

Cash Advance with No Credit Checks with the Traditional Credit Reporting Bureaus

Even a small financial emergency can leave you feeling hopeless. Despite that, there are options that can help you get over this challenge and build a healthier financial future for yourself and your family. First, you may need to learn about various payday advance loans and how they can help.

Payday advance loans, also known as payday loans, typically let you borrow small amounts of money so you can pay for emergency expenses like car repairs and healthcare. Like most payday advance loans, you need to repay the money you borrow quickly, usually within a couple of weeks, which is when the lender assumes you will get your next paycheck.

More often, the term “no hard credit check” means that the lender will perform a soft check (a basic check that can include your credit rating). The good news is that soft checks won’t lower your credit score. A hard check, such as the one performed by a bank, can hurt your score.

Soft credit check will not hurt your credit score

Most of our direct lenders perform a soft credit check that does not hurt your score. This can make it easy for people with a wide range of credit histories to secure the small amounts of money they need for emergency expenses. Of course, there’s the benefit of applying for the loan online instead of going to a lender’s store.

Since you can submit your application from anywhere, you don’t have to take time out of your busy schedule to borrow from LendUp. Unfortunately, LendUp cannot guarantee that any of the lenders we work with will not decide

What is a payday advance alternative?

With most check payday advance loans, you go to the lender’s location, fill out an application and wait for your money. You may also need to give the lender proof of income, such as a bank statement or a paycheck stub.

People who use payday advance loans usually like them because they can get cash quickly. Of course, they have to pay interest on the loan, but many people find it’s less than paying late fees on their utilities, credit cards and other bills.

LendUp offers an alternative to payday advance lending. First off, you don’t visit in person to get money. When you borrow money with our help, you fill out your application on your computer or smartphone device. Decisions are instant. If you’re approved, one of the lenders will transfer funds to your bank as soon as next business day. LendUp can't guarantee access to your funds because ultimately lender's bank controls when you’ll have access to it.

Things to check before requesting a Payday Advance

To obtain a cash advance, typically the following requirements need to be met:

1. Age and Identification: You must be at least 18 years old (or the legal age in your state) and provide valid government-issued identification, such as a driver's license or a passport.

2. Proof of Income: Lenders usually require evidence of a steady source of income, such as recent pay stubs, bank statements showing regular deposits, or proof of benefits. This is to ensure you have the means to repay the advance.

3. Bank Account: An active checking account is often required. The lender will use this account to deposit the cash advance and sometimes to withdraw repayments.

4. Contact Information: You'll need to provide contact details, including an address, phone number, and possibly an email address.

5. Credit Check: While some cash advance lenders don't conduct credit checks, others might. However, the criteria may be less stringent compared to traditional loans.

6. Employment Verification: Some lenders may require verification of employment or steady income.

7. Application Form: You'll typically need to complete an application form, either online or in-person, providing personal and financial details.

8. Additional Requirements: Depending on the lender, there might be other specific requirements, such as a minimum income level, length of employment, or limits on existing debt.

It's important to note that requirements can vary by lender and the type of cash advance you're seeking (like a payday loan versus a credit card cash advance). Always review the specific criteria of the lender and understand the terms and conditions of the advance.