Grace Enfield, Content Writer
The easiest online loan to get is a personal loan with no credit check because the lender doesn’t perform a hard inquiry into your credit history. The best no credit check loans are from 60MonthLoans since the company has loan amounts of $2,600 - $10,000, APRs of 19.24% - 69.5% and payoff periods of 24-60 months.
It’s worth noting that some online personal loan providers will check your credit but still consider people with bad or no credit. There are also other types of online loans that are easy to get, like payday loans and credit-builder loans, among others.
Easiest Online Loans to Get
- Oportun. Loan amounts of $300 - $12,000. APRs of 36% maximum. Repayment periods of 6 - 46 months.
- 60MonthLoans. Loan amounts of $2,600 - $10,000. APRs of 19.24% - 69.5%. Repayment periods of 24-60 months. No credit check.
- NetCredit. Loan amounts of $500 - $10,500. APRs of 34% - 155% (varies by state). Repayment periods of 6 - 60 months (varies by state).
- OppLoans by OppFi. Loan amounts of $500 - $4,000. APRs of 59% - 160%. Repayment periods of 9 - 18 months. No credit check.
- RISE. Loan amounts of $500 - $5,000. APRs of 60% - 299%. Repayment periods of up to 26 months depending on the state.
- Integra Credit. Loan amounts of $500 - $3,000. APRs of 99% - 300%. Repayment periods of 6 - 18 months. No credit check.
Some loan providers allow you to pre-qualify before you officially apply. Pre-qualifying lets you see your approval odds and what rates may be available to you. You can try to pre-qualify with multiple lenders at once using the free pre-qualification tool on WalletHub. You can also learn more about the different types of online loans that are easy to get below.
Types of Online Loans That Are Easy to Get
Personal loans for people with no credit
Personal loans for people with no credit do not require you to have a credit score to qualify, but they have high APRs and fees. Some loan providers will check your credit when you apply, and some may not check your credit at all.
To read about the top-ranked offers, check out WalletHub’s picks for the best personal loans for people with no credit and the best personal loans with no credit check.
Payday loans require repayment very quickly and typically charge extremely high fees – often equivalent to an APR of 400%+. They should be avoided.
With a credit-builder loan, the lender will put money in a savings account for you. You’ll then make payments adding up to the amount in the savings account, plus interest, over a set amount of time. Once you make all the payments and the loan term is up, the provider will give you the money in the savings account.
If you’re interested in a credit-builder loan, check out WalletHub’s picks for the best credit-builder loans.
Secured personal loans
Secured personal loans require you to put up something as collateral to secure the loan. This could be a vehicle or money in a savings account, for example. Keep in mind that if you don’t repay the loan, the lender can keep the collateral.
A cosigner is a person who helps you qualify for a loan with their higher credit score and income. They will have to repay the loan if you fail to repay it, which could strain your relationship. You can check out WalletHub’s picks for the best personal loans with a cosigner to learn more.
Auto title loans
Auto title loans offer a portion of the value of your car upfront but require you to use the title of your car as collateral. If you don’t repay the loan, the lender can keep the car.
Pawn shop loans
Pawn shop loans allow you to bring in items and get a portion of their value in return. If you fail to repay the loan, the shop can keep and sell your items.
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