Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.
Representative Example: Amount of credit: £550 for 7 months at £122.43 per month. Total repayment of £857.02. Interest: £307.02. Interest rate: 150% pa (fixed). 313.1% APR Representative.

Loans With No Credit Check

When people search for “no credit check loans” or “short-term loans no credit check,” it’s typically because they either have poor credit or have applied for many loans in a short period of time and don’t want to impact their credit score by having another hard inquiry on their report. Unfortunately, if a lender is willing to issue a loan without checking your credit, it’s often a tell-tale sign that they are an unscrupulous lender. And while the likelihood of approval may seem appealing, those lenders are likely more interested in keeping you in debt than getting your finances on track, since they don’t even care to check your credit.

Does On Stride Financial Offer Loans With No Credit Check?

The short answer to that question is no. On Stride Financial will not issue a loan without running a credit check on the applicant. That said, On Stride Financial does allow you to check your eligibility online before completing your application, which means you can see what you qualify for before any impact on your credit report is made.

How Do Credit Checks Affect My Credit?

Credit checks are used by lenders to determine a customer’s creditworthiness and ability to repay. Naturally, they want to make sure that the person they’d be issuing a loan to can pay it back. The thing is, these credit checks themselves can affect your credit.

Whenever you apply for credit a (potentially) score-impacting search will be performed via a credit reference agency. Your credit score is made up of many elements and each new application that requires a credit check may affect your credit score. On its own an application for credit may not be problematic, however multiple applications in a short amount of time may indicate to lenders you are in financial distress or not making wise decisions with the money you've already borrowed. Therefore, it's important to be mindful when considering further credit that you check your eligibility (not score impacting) before completing your application (potentially score impacting).

What Does On Stride Financial Offer?

On Stride Financial offers instalment loans of £150 – £5,000, repaid over a term of 6 months – 3 years. They are unsecured, no guarantor loans, so you don’t need to offer anything up as collateral or have a guarantor to secure the loan. At On Stride Financial, we pride ourselves on providing customers the ability to customise their loan amounts and repayment terms, as well as on our fast funding — if approved, customers receive funds within 10 minutes of approval! Our application is simple and straightforward, and customer support is available seven days a week if you have any questions. To apply, you just have to meet the following minimum requirements:

  • Be at least 18 years old
  • Be a resident of the UK
  • Have a regular income

If you meet our requirements, you’re all set to check your eligibility by starting your application today!

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