What’s the Go With ‘No Credit Checks’?
If you’re looking for no credit check personal loans – you’re not alone. Many Aussies aren’t all too proud of their credit score. The thing is, mistakes happen and sometimes life just gets in the way. At CashPal, we partner with a range of lenders that are down to earth and realistic. While most don’t offer no credit check personal loans, many can still look past your credit score to find a suitable loan product. So, if you’re concerned about bad credit – don’t be! Your poor credit history no longer needs to hold you back. Keep reading to find out how we may be able to help you get the funding you need.
What Are No Credit Check Personal Loans?
No credit check loans are basically just personal loans that are approved without conducting any form of credit score check. A credit check might convince a lender to give you a personal loan if your credit history is good. Yet, it will typically have the opposite effect if it’s bad.
CashPal partners with responsible lenders. As a result, most will conduct credit score checks on loan applications. Lenders are likely to check an applicant’s credit score in order to ensure they are lending cash responsibly. Ultimately, every lender is different so you may be able to find no credit check personal loans. However, we can’t promise we’ll be able to find you online personal loans with no credit check.
That said, the lenders we find may not typically reject applicants just for having a bad credit score. In most cases, lenders will be sure to try and give you what you need, as best as they can.
Who Are We: CashPal
CashPal is the lender-finder more Aussies turn to when they are looking for fast finance without the fuss. We believe that reliable and fair personal loans should be accessible to all Australians. If you’re looking for no credit check personal loans, we could help you find lenders willing to give you a fair assessment.
We can help you find lenders that don’t rule out applicants with poor credit scores or applicants receiving Centrelink benefits. Searching for a lender can be daunting and time-consuming, so we encourage anyone who is in need of a leg up to apply.
Since we’re 100% online, you can apply for a personal loan wherever you are and whenever you like. If you apply during AEST business hours our team will do their best to locate you a lender inside 60 minutes. We can’t guarantee we’ll be able to match every single applicant with a lender, however, we will do our very best.
Who Can Apply For A Personal Loan?
To qualify for a personal loan with one of our partner lenders, you’ll need to meet the following criteria:
- Applicants must have an active mobile phone number and email address;
- You must have internet banking set up;
- All applicants must be over the age of 18;
- You have had a regular income for the last 3-months into a personal bank account;
- You must be able to prove you’re an Australian citizen or permanent resident.
If you’re searching for ‘easy personal loans online no credit check’ then CashPal can’t guarantee no credit check personal loans. Most lenders will check your credit history during their assessment. However, this may not be the only factor they consider when assessing your loan application.
What Documents Will I Need To Show My Lender?
That’s a good question! When you apply for a loan through CashPal, you only need to supply the essentials. Here is what we recommend you have on hand:
- Your basic personal details (name, D.O.B etc);
- Internet banking details (so we can securely access read-only copies of your bank statements);
- The reason you are applying for your loan;
- Your MyGov details (if you receive Centrelink or Government benefits);
- Employment details and contact info of your workplace (we may need to get in contact in order to verify your employment status);
- All applicants must be able to prove they are either Australian citizens or permanent residents.
Easy as that! Nothing messy about it. The CashPal team are here to make your life a little easier when it comes to a personal loan.
Why Do I Need To Provide Online Banking Details?
Your lender may require online banking details in order to access read-only copies of your bank statements. Most lenders use a third-party provider to view your bank statements. So, there is no cause for concern, as your passwords and personal information will all be encrypted. If you’re unsure of anything though, we recommend you contact your lender directly for more information. You can also reach out to the CashPal team if you have any concerns regarding this process. Our team is here to help in whatever way we can!
Will My Lender Do An Employment Check?
In most cases, lenders will conduct employment checks to verify some important details. This is very routine, so don’t panic! They won’t disclose any of your personal or private information, including the reason you are applying for a personal loan. If you’ve got questions regarding employment checks you can get in touch with your lender or the CashPal team. Alternatively, head to our FAQ page for more information.
Can I Get Same Day Cash?
Just as we can’t guarantee no credit check personal loans, we can’t guarantee same day cash. CashPal is here to match your loan application with the right lender. Our application process is 100% online and could be completed in a matter of minutes. Our team does their best to achieve same day cash for all successful applicants, however, this is not always possible.
If you submit an application during AEST business hours the CashPal team will work to get back to you with an outcome in 60 minutes. The speed at which you receive your loan is at the discretion of your individual lender. With the introduction of instant banking, many lenders are now able to provide same day cash, however, it is important to take this up with the lender themselves. If you’ve got questions regarding same-day cash you can get in touch with the CashPal team or head to our FAQ page for more information.
What Are The Fees For A Same Day Loan?
CashPal is a lender-finder. That means we can not speak on behalf of the lenders we partner with. In terms of fees and charges, CashPal has no say in the associated costs of your potential loan. So, it’s important you thoroughly read through your contract to make yourself aware of any additional expenses.
CashPal will always endeavour to match applicants with appropriate lenders. However, it is still the applicant’s responsibility to ensure the loan product they are agreeing to is right for their individual financial circumstances.
Can I Apply With A Bad Credit Score?
Yes, absolutely! While we can’t guarantee no credit check personal loans – many lenders will look deeper than your credit score. Most lenders will conduct a credit score check when you submit an application for a personal loan. Don’t let this deter you though! Yes, your lender will take credit into consideration, however, they will also take a realistic look at your finances. Factors such as your income, employment status and spending habits will be taken into consideration during the loan assessment process. If a lender can see you have made an effort to reconcile bad credit you could be eligible for a personal loan.
If you’d like to apply for a personal loan through CashPal, here’s what you’ll need to do:
Just scroll up and use the loan calculator to select a loan amount and repayment period. When you’re satisfied you can click apply now to be directed to CashPal’s 100% online application form.
Complete The Form
The application form will most likely only take you a few minutes to complete. Our team will only ask you to provide the basics. When you’re done we will pass your form on to our partner lenders for assessment.
You sit back and relax, CashPal will take it from here. Our partner lenders will look over your application and get back to us. If we’ve found a match our team will put you in touch with your new lender. If the CashPal team has not been able to find you a compatible lender we’ll let you know straight away. Our team is upfront and honest – we don’t waste your time.
Remember, you can always apply again and our team will be more than happy to reassess your circumstances.
Sign Your Agreement
Your new lender will send over an agreement for you to review and sign. It is very important that all applicants read over their agreement very carefully and make themselves aware of any fees or charges they could incur for late or failed payments. If you’re happy with your lender’s agreement just sign it and send it back.
Get Your Cash!
Once your new lender receives your signed agreement they will likely transfer the cash straight to your account. If your lender and bank support instant transfer then you could have the cash in just 60 seconds.It’s as simple as that!
Need More Information About Our CashPal?
Ready to get a personal loan? You could apply in minutes!