How can I borrow money fast with no credit?

You can borrow money fast with no credit by getting a personal loan from companies such as Oportun or OppLoans, which may accept applicants with no credit history. Other fast-funding options include paycheck advances, credit cards, or loans from a friend or family member.

Payday loans and auto title loans offer fast funding as well, but they’re not worth it. These loans often have extremely high fees and very short repayment periods. You should avoid them.

Ways to Borrow Money Fast with No Credit

1. Personal loans for people with no credit. The best personal loans for people with no credit typically offer up to a few thousand dollars, APRs of 5.35% - 35.99%+, long repayment periods and funding as soon as the same day you apply.
2. No credit check loans. These loans do not require a hard inquiry into your credit history when you apply, and they typically have funding timelines of up to a few business days after approval.
3. Paycheck advance service. Paycheck advance services like Dave or Earnin let you borrow a small amount of money that must be repaid with your next paycheck. You may be able to get the funds as soon as the same day you apply, and there may be no fees.
4. Loans from friends or family members. You can get a loan from a friend or family member quickly, as they can give you cash or use an electronic bank transfer to send you money. Keep in mind that if you don’t repay the loan, you risk damaging your relationship.
5. Credit cards. You could use an existing credit card to fund an expense quickly. Even if you need cash, you can get a cash advance with a credit card, which lets you use your card to withdraw money from an ATM. Cash advances have a high APR and fee, though. If you don’t already have a credit card, it could take 7 - 10 business days to receive a new one after getting approved, which could be too long of a wait time for your needs.

For your convenience, below is a comparison of the best personal loans for people with no credit. These options offer the fastest funding and best terms if you don’t have an existing credit card to use.

Best Personal Loans for People with No Credit

For more options, check out WalletHub’s complete picks for the best personal loans for people with no credit and the best no credit check loans. Then, you can estimate your potential rates with our free pre-qualification tool.

Upstart Disclosure: If you accept your loan by 5pm EST (not including weekends or holidays), you will receive your funds the next business day. Loans used to fund education related expenses are subject to a 3 business day wait period between loan acceptance and funding in accordance with federal law.

Your loan amount will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will qualify for the full amount. Minimum loan amounts vary by state: GA ($3,100), HI ($2,100), MA ($7,000), NM ($5,100), OH ($6,000).

The full range of available rates varies by state. The average 5-year loan offered across all lenders using the Upstart platform will have an APR of 24.83% and 60 monthly payments of $26.36 per $1,000 borrowed. For example, the total cost of a $10,000 loan would be $15,817 including a $594 origination fee. APR is calculated based on 5-year rates offered in the last 1 month. There is no down payment and no prepayment penalty. Your APR will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will be approved.