No credit check personal loans

No Credit Check Personal Loans

Information verified correct on April 27th, 2017

Find out how to get a personal loan without the hassle of credit check.

If you don't want your credit history stopping your from being approved, there are lenders that will approve you without a credit check. These lenders may be more strict with their other requirements, such as having minimum income or employment requirements, but you still can be eligible. Find out what you need to know in this guide.

Sunshine Short Term Offer

Borrow up to $1,800 with no credit check

Sunshine Loans offer a no credit check loan with a fast and easy online application to employed borrowers. Apply today to be considered.

  • Loan Amount: $2,000
  • Loan Term: 9 weeks
  • Sunshine Loans do not conduct a credit check
  • Turnaround Time: 30 Minutes - conditions apply
  • Total Cost of Borrowing $100: 20% of borrowed amount + 4% of borrowed amount each month
  • Must be 18+
  • Confidential and secure!
  • No Credit Checks - Must be employed

    Comparison of no credit check personal loans

    Name Product Max. Loan Amount Term of Loan Turnaround Time Costs Product Description
    Sunshine Short Term Loans
    9 weeks
    30 Minutes - conditions apply
    20% of loan amount + 4% of loan amount each month
    Apply online with Sunshine Loans and you could borrow up to $2,000 paid directly into your account. Family Business since 1999.
    Ferratum Cash Loans
    Up to 6 mths
    Same Day if approved
    20% of borrowed amount + 4% of borrowed amount each month
    A small loan from Ferratum lets you borrow up to $1,900 without a credit check
    Cash Train Loans
    10 weeks or 3 months
    1 Business Day
    20% of principal amount (establishment fee) + 4% monthly charge
    Apply for a Cash Train loan and get up to $2,000 sent straight to your bank account. Fast online application

    Compare up to 4 providers

    Warning about Borrowing

    payday-warningDo you really need a loan today?*

    It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

    Check your options before you borrow:

    • For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor
    • Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan
    • If you are on government benefits, ask if you can receive an advance from Centrelink: Phone: 13 17 94

    The Government's MoneySmart website shows you how small amount loans work and suggests other options that may help you.

    * This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.

    The list of no credit check personal loans

    Compare the options available of the no credit check personal loans below.

    Personal Loan
    Loan Features
    You can apply for a no credit check personal loan from Ferratum and get up to $1,900 over a periond of Up to 6 mths
    With a loan from Cash Train you could borrow up to $800 on your first loan without any credit checks.
    Sunshine Loans offer loans up to $2,000 withouth conducting a credit check.

    *Total cost may vary based on any other fees charged by the lender at the time of repayment

    Why don't these lenders require a credit check?

    Various lenders specialise in bad credit loans, and lenders that do not require a credit check are part of this group. The lender offsets the risk of lending to those with bad credit by charging higher rates and fees. While these loans are more expensive, it's important to keep in mind they have to set their fees by ASIC's requirements.

    I have bad credit – should I get a no credit check loan?

    If you have bad credit you have the option of a no credit check loan or a simple bad credit loan. There are various lenders that will look past your credit history, even though they still perform a credit check, and can approve you with defaults, missed payments or even bankruptcies.

    The different types of no credit check personal loans

    There are basically three types of personal loans which don't require a credit check; unsecured loans, secured loans and payday loans.

    • Payday loans

    Payday loans, also referred to as short-term loans, vary in terms of loan amount and loan terms., Generally, you'll find terms of between 16 days and one year and loan amounts up to $5,000.

    • Unsecured no credit check personal loan

    These loans are larger than payday loans, with some lenders offering amounts up to $10,000. Because of the larger loan amount the interest rate will be higher – loans above $5,000 come with a maximum rate of 48% p.a.

    • Secured no credit check personal loan

    A secured loan is where the borrower puts up an asset as collateral for a loan, usually a large item. Offering security may help those with bad credit be approved, and some lenders will not require a credit check

    Sarah emergency car repairs


    Sarah was driving to work when her car broke down. As a shift worker, she lost two hours pay taking her car to the mechanics and was even more stressed when she realised the bill would be $200. She didn't have that kind of money and needed her car to get to and from work. Sarah also had several defaults and credit enquiries on her file from a year ago – she didn't like her chances of being approved.

    Worries about losing her job and unable to borrow money from her family, she looked into a no credit check personal loan. She compared her options, found one that looked reputable and applied online later that day.

    What you need to know when comparing no credit check personal loans

    People with bad credit often adopt a "take what I can get" attitude to personal loans, but this can result in significant financial loss and debt. However, it helps to compare your options to find the one that best suits you:

    • What are the associated fees?
      Responsible lenders will be upfront with you about all fees and charges before they agree to let you borrow from them. You should also check the fees you will be charged if you fail to make repayments as these can differ between lenders.
    • What are your loan terms?
      Lenders offer varying terms for these types of loans. Choose a loan term that suits your budget and one that you will be able to manage.
    • Does the loan offer repayment flexibility?
      Lenders can be very strict with their repayment options. For example, some lenders will tailor your repayments to suit your pay frequency, while others will let you choose the dates to repay.
    • Can you trust the lender?
      Unfortunately, there are a lot of disreputable lenders who offer no credit check personal loans. Have a good look at a lender's website and see how upfront they are about fees, charges and loan terms. You should also check how easy the lender is to contact.

    How to be approved for a personal loan with bad credit

    If you have bad credit and are looking to take out a personal loan, it's important to know that there are options available to you. There are two main types of lenders who can approve loans for those with bad credit:

    • Lenders who don't perform a credit check. These lenders will not perform a credit check and instead ask for proof of your current employment and financials.
    • Lenders who look past your credit history. Your second option is a lender who checks your credit history but will still approve your loan if you have bad credit. These lenders focus on your current financial position rather than your credit history and are interested in your current ability to repay the loan.

    When you apply with either of these types of lenders, they will use your current financial position and employment position as a basis for their lending criteria. If you are currently in stable employment and receiving regular pay, you are likely to be approved without a credit check.

    Why would I apply for a no credit check personal loan?

    A bad credit file shouldn't mean you get denied access to a form of credit. If you've missed a bill payment, or lost your job and fallen behind on a repayment you can still apply for a loan. You would consider a no credit check loan when you don't want your credit history being examined by your next lender. If you do apply for a no credit check loan then it is important to manage your repayments, as this may adversely affect your credit file.

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    56 Responses to No Credit Check Personal Loans

    1. Default Gravatar
      Bennie | September 13, 2016

      I would like to know if I’m able to borrow $600

      • Staff
        Elizabeth | September 13, 2016

        Hi Bennie,

        Eligibility criteria differs between lenders but you can check the criteria for each lender by clicking on the name of the loan. Once you’ve found a loan you’re eligible for and want to apply for, click “Go to Site” to submit your application.

        Hope this helped,


    2. Default Gravatar
      Carmel | July 29, 2016

      Can I get a secured loan with my Car with bad credit, on centre link with money coming in from my son who pays half my rent and get money from my ex husband.

      • Staff
        Elizabeth | August 1, 2016

        Hi Carmel,

        You can compare lenders that consider Centrelink applicants for loans (banks and short-term lenders) on this page. You can click through to the provider pages to find out what loan options are available.

        I hope this helps,


    3. Default Gravatar
      2young | June 28, 2016

      is there a way to get a loan for only $100

      • Staff
        Elizabeth | June 28, 2016


        If you’re looking to apply for a no credit check loan, Ferratum offers a minimum loan amount of $100. Check you meet the minimum criteria and then click “Go to Site” to submit your application.

        Hope this has helped,


    4. Default Gravatar
      Melody | May 5, 2016

      Apply for a loan no credit check at all which company can I go to for personal no credit check

      • Staff
        Elizabeth | May 6, 2016

        Hi Melody,

        The options listed on the page above do not conduct a credit check. You can compare to find the right one for you and when you’re ready to apply click “Go to Site”.

        Hope this helps,


    5. Default Gravatar
      | April 21, 2016

      If my loan is 7000 how much will i be paying back each fortnight

      • Staff
        Elizabeth | April 22, 2016

        Hi Cheryl,

        Your repayments depend on how long your loan term is. You can use the loan calculator here to determine your ongoing repayments.

        Hope this will help,


    6. Default Gravatar
      Joe | March 20, 2016

      What would I pay weekly on a $2000 loan

      • Staff
        Elizabeth | March 21, 2016

        Hi Joe,

        This depends on how long you are taking out the loan for. You can use the payday loan repayment calculator on this page to get an estimate for your ongoing repayments.

        I hope this has helped.



    7. Default Gravatar
      Robey | March 7, 2016

      Iam from indonesia,can i borrow some money

      • Staff
        Elizabeth | March 7, 2016

        Hi Robey,

        Unfortunately, as an Australian comparison website, the lenders on this page can only consider you for a loan if you currently reside in Australia. You may need to find a lender in Indonesia to apply for a loan.


    8. Default Gravatar
      sunghi | February 29, 2016

      can i borrow money for $12?

      • Staff
        Elizabeth | February 29, 2016

        Hi Sunghi,

        The cost of the loan will depend on how much you borrow and also who you apply for a loan with. If you apply for a loan of less than $2,000, the maximum fees the lender can charge cannot be more than 4% of the principal amount as a monthly fee and a 20% as an establishment fee.

        I hope this has helped.



    9. Default Gravatar
      | January 27, 2016

      I need a 2500 no credit check loan for a new starter motor and a service on our ve commodore I’ve already got 2 small loans already can any lenders help me out I work full time in the mining industry..

      • Staff
        Elizabeth | January 27, 2016

        Hi Alan,

        When you are currently repaying two small loans and indicate this on a new loan application, lenders need to take further steps to ensure that you will be able to manage your loan repayments. They do this by assessing your financial situation. You may still be eligible but it will depend on the lender’s assessment of your application.

        You can apply with the lenders above if you feel as if you’ll be able to manage the repayments with your current loans.

        I hope this information has helped.



    10. Default Gravatar | November 23, 2015

      Hi I’m texting u becomes I need a loan for emergency let me know if I’m quilify for a loan ty

      • Staff
        Elizabeth | November 24, 2015

        Hi Mary,

        You’ve come through to, a financial comparison service and not a lender. If you would like to apply to apply for a loan you can compare your options above and click “Go to Site” when you find a loan you qualify for (the eligibility criteria is listed in the table and on the review pages) and that is right for you.

        I hope this has helped.



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