No traditional credit check needed
If you have no credit history or bad credit score, obtaining loan approval may be very difficult. However, you certainly have no choice. Many lenders provide cash advances instead of credit checks. Instead, these providers use other eligibility factors to determine whether you can borrow money from them. You are encouraged to search with healthy skepticism to avoid falling into the trap of scam artists or other evil actors who will only look for your money. When you are already in financial trouble, you don’t need a solution to prove a disaster. So, where can I find a safe and legal payday loan from a reputable lender? Let’s take a look.
Pawnshop
Just as TLC did not personally promote pawnshops as the ideal backdrop for reality TV, they also happen to be places where you can get a cash advance without a credit check.
When you pawn a valuable item, the store will lend you 20% to 60% of the value of the item in cash. Usually, you will reach an agreement with the store owner to not sell the goods within a specified period of time, during which time you can come back and pay off the loan. If you don’t get your valuables back, the shopkeeper can sell them after the timetable expires.
Auto Title Provider
You can use an automatic title, which is a certificate that identifies you as the legal owner of the vehicle as collateral for the loan. Usually, 25% to 50% of the value of the vehicle can be borrowed and repaid within 15-30 days.
Fees can be as high as 25% of the total borrowed, and these costs can be carried forward to the next month and beyond. If you do not repay the loan on time, you will owe too much money to the lender. It is not recommended to use automatic equity loans.
Friends and family
When you borrow money from a friend or family member, they will not be able to strictly check your credit. All they can do is to sincerely believe that you can repay them. Although this is a good choice from time to time, your relatives are likely to be responsible for their financial situation.
Cash advance provided by Flex Loans Online
At Flex Loans Online, we learned that when you need cash, you need to use cash quickly. Through a simple online application process, you can get a pre-approved cash advance within minutes.
You will receive the funds as soon as possible on the next business day, which can be conveniently used in your bank account via direct deposit. To qualify for our cash advance, you must be at least 18 years old, have U.S. citizenship, have proof of employment that can prove income, and have an open and active checking account.
