Loan applicants in office

Best no-credit-check loans

A finance expert advises loan-seekers without good credit or a long credit history.

In this article published March 13, 2023, on WalletHub:

The obvious advantage of a no-credit-check loan is that you do not need a credit check and you can qualify for a loan fairly easily. However, there are several cons to consider including higher costs of borrowing with exorbitant interest rates, upfront and hidden fees, stringent contractual terms, and shorter terms of repayment of the loan.

Todd Altomare, instructor of management and entrepreneurship

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