Rick Bormin, Personal Loans Moderator
You can get an installment loan in Kentucky with no credit check by applying for a personal loan from OppLoans. This lender do not check your credit report or consider your credit score during the application process, making it easier to get approved with bad credit history. Submitting an application will not have any impact on your credit score, either.
How to Get an Installment Loan in Kentucky with No Credit Check
- Check for pre-qualification.
- Compare loan offers based on APRs, fees, loan sizes and payoff periods.
- Submit an application. Applying online will have the fastest turnaround.
- Wait for a decision from the lender.
- Check your bank account for the delivery of the loan funds.
It usually won't take more than a few business days to get an installment loan in Kentucky with no credit check. In some cases, you might even be able to get same-day funding. But before you apply, it's important to compare the best lenders to see which are most worthwhile.
Best Installment Loans with No Credit Check in Kentucky
59% - 160%
$500 - $4,000
*According to either the lender or multiple third-party sources
Other Ways to Get a Loan in Kentucky with No Credit Check
Friends and family: If you borrow from a friend or family member, they will not have the ability to do a hard pull of your credit, and they may not care if you have bad credit. But it's important to take this type of loan seriously and draw up a contract.
Payday lenders: You can borrow money against your next paycheck. But payday loans are outrageously expensive, charging fees that are equivalent to a 400% APR on average. You should avoid them.
Auto title lenders: These loans let you borrow money secured by your car. But they can charge up to 25% of what you borrow, and if you can't pay the loan back, you can lose your car.
Before you decide to get an installment loan with no credit check in Kentucky, you might want to consider other options first. For example, there are secured and unsecured personal loans that do credit checks but still consider people with bad credit. They will usually give you much better terms than loans that don't do a credit check. You could also apply with a co-signer who has good credit to get even better rates.
Finally, it's worth noting that while personal loans are what most people think of when they hear the words "installment loans," there are several other kinds of installment loans, too. Those include home equity loans, student loans, auto loans, and mortgages, among others. It's possible to get auto loans without a credit check, but they will likely be very expensive, and most federal student loans don't require a credit check, either. You won't be able to get a home equity loan or a mortgage without a credit check, though.
2023 Best Personal Loans in KentuckyCompare Offers
People also ask
Did we answer your question?