Without any credit checks and despite having tags like late payments, arrears, defaults and CCJs, approval of the loan comes within hours. The borrower can receive the loan amount within 24 hours in his or her bank checking account, which every such borrower must have for past three months. The borrower must be in the current job for past six months, drawing a monthly salary.

The loan amount ranges from 100 to 1500 for a short period of 14 days, until the borrower's next paycheque. You can use the loan for any personal use like repairing your car, avoiding a late payment and paying off urgent bills. On paying the interest charges, the loan can be rolled over for few weeks. Without offering any security, you can ask the lender to withdraw the loaned amount and interest charges from your bank account on the due date.

However, before applying for no credit check personal loans, note that these are associated with expensive interest rate, which typically is 30 percent and above. Each time you stretch the loan, the rate will only go upwards sharply. Hence, borrow only smaller amount that you can repay from next paycheque. Still, a lower rate of interest is possible once you have extensively compared the offers on the internet. Make sure to repay the loan on time