Typically when you apply for any type of loan product you will face many different types of credit checks. When you try to buy a car, a house and consumer electronics using credit you will undoubtedly have to go through several layers of credit checks before you are approved for the loan. It is possible to get payday loans with no credit check though. Unlike other forms of credit, payday loans are based primarily on your current ability to repay and not mistakes you may have made years ago.
A bill that you may have missed a payment on last year does not necessarily reflect your ability to repay a loan today and we fully understand this. Our loans are based on your past ninety days of financial history as reflected in your bank statements. There are no credit checks and your credit will not be negatively impacted by taking out a payday loan unless you fail to repay as agreed.
What this really boils down to is that if your financial activities over the past ninety days shows a reasonable amount of financial responsibility, there is a very good chance you can be approved for a loan. If you cannot show a good ninety days of financial stability, there may be further checks needed in order to be approved.