Loans With No Credit Check

  • 2 Minute Application
  • Bad Credit Accepted
  • No Credit Check
  • Same Day Transfer

When a financial institution or lending organization asks for a credit check, they want to verify the rating of your past credit report. A bad credit history can lead to your loan application rejection.

At MoneyStar, you do not need to worry about your credit score matters. Here are some online lenders who offer loans with no credit verifications. Whether for a weekend (Sunday/Saturday) or unexpected expenses like bill payments or medical emergencies, you can get a cash loan, no matter your financial situation.

Can I get a loan with no credit check in South Africa?

Yes, you can get a loan in South Africa without needing a document review or a credit check. An online lender who offers advance cash with no credit check does not conduct a hard credit check or financial past verification.

In these loans, lenders are not required to credit check and may verify other alternatives. To determine your eligibility, they first look at your income so that they are assured of getting the money back. Apart from this, lenders also follow your banking data and rental history.

With MoneyStar, loans without credit checks in South Africa can be an appealing option for applicants with a low credit rating or poor repayment history.

Does no credit check loans exist?

When you don’t have a good credit history or the bank says no to loan you money, you start looking for something called ‘no credit check loans.’ It is because many people think this is the only way to get money without the credit checking how you used money before.

But the truth is, getting money without a complete check on your credit history in South Africa is complex. However, there might still be ways to get money even if you have a less-than-perfect credit score.

These options include online payday loans, secured personal loans, and guarantor loans. Although these lenders don’t check your credit like banks, they still run a “soft credit check,” like how much money you earn and how you use your finances.

Remember, you still need to have at least at least fair credit to get these loans. Even though online lenders don’t check your money history, they might ask you to pay a high-interest rate because they think you are a risky borrower. Before you get the loan, carefully review the contract, which tells you all the rules, so you know what you’re borrowing.

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Can I get a quick loan without having my credit checked?

When your money situation is not going well, and your credit history could be better, you might think about getting quick loans without checking your credit history.

But in South Africa, the lending rules say lenders must check your credit report. When you ask for these loans, they do a “Soft” check, but it’s not deep. It doesn’t hurt your credit record even more, and other lending organizations and institutions can’t see it.

If you want a fast cash advance and you’re worried about your bad credit history, you can apply online for a loan at MoneyStar. Our lenders will guarantee to tell you whether you can get the loan. They don’t do a “hard” check, so you might still get a loan on the same day. It’s that easy!

Why do loan providers need to carry out a credit check?

In South Africa, credit rating agencies collect and keep track of how people use money. When you apply for a personal or secured loan, you sign a contract showing you allow the lender to check your credit history. They want to know two things: how much money you owe compared to how much you make (debt-to-income ratio (DTI)) and your credit score.

Whether you want a small loan or a big secured loan against your home, the bank must decide if you’re good at using creditworthiness. They want to know if you can pay back the money they give you. Lenders use this report to decide whether they can give you a loan.

Did the bank say no to your money request when they checked your credit history? At MoneyStar, even if your credit score is bad, you can still apply online for loans. Our lender won’t review your financial history, and you can get the loan you need for different things you planned and things that happen suddenly.

Can I get a payday loan without a credit check?

Many online lenders accept applications for payday loans without a hard credit check. At MoneyStar, here are some particular payday lenders that do that, but like all loans, some factors decide your eligibility:

  • Age: You must be 18 years old or older.
  • Residence: You should live in South Africa legally.
  • Income: You need a stable job or another way to make money regularly, which should be at least R5,000.
  • Bank Account: You must have an active bank account to put the money you want and withdraw the payments.

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What are hard and soft credit checks?

Hard credit checks:-

The lender checks your credit history when you want to borrow credit, such as loans or credit cards. A “hard credit check” is when the lender checks your history to decide if they should give you the loan or line of credit.

  • These are times when they often do a hard inquiry:
  • When you ask to borrow a mortgage.
  • When you want to get personal loans or a car loan.
  • When you need student loans.
  • When you want to rent a place to live.
  • When you’re getting things like electricity and gas.

Soft credit checks:-

A soft credit check is like a soft pull at your credit history. It’s also called a soft pull or a soft inquiry. Sometimes, they don’t need permission from borrowers to do a soft check.

  • A soft credit check can occur when:
  • A company you want to work for looks at your background.
  • You ask for an apartment to live in.
  • You want to see your credit score.
  • You use Credible to compare how much things cost.

How can I improve my credit score?

Your credit score is super important when you apply for a loan. If it’s in good rating, it’s great. Take the following steps to improve it better:

  • Use a credit card to pay daily expenses, but pay it off in full on time every month.
  • Use financial services regularly; do not close all credit accounts except those not in use.
  • Keep your credit under control, take care of your spending sensibly and keep your balance low.
  • The minimum payment on a credit card is an attractive option, but maximum payment each month can improve your score fast.
  • Be sure to check financial data once a year to ensure it is free from errors.
  • If you rented a shared flat or house or had a shared account for gas or broadband bills, ensure your finances are no longer linked.

How to apply with MoneyStar for loans with no credit check?

Getting a loan without checking your credit history in South Africa at MoneyStar is easy. Here’s a simple step on how to apply for a loan online:

  • Fill in the Online Form: First, complete an online form. Make sure to give all the correct information to avoid any delays.
  • Please submit the Application: After you finish the loan form, submit it to the online lender with the required information asked for.
  • Wait for the Approval: The lender will check your application and decide if they can give you the loan. It might take 5 minutes. Be patient and wait for their answer.
  • Accept the Loan Offer: If you are satisfied with the loan contract, say yes by e-signing the payday lender’s agreement. Read them carefully and ask questions if you need help understanding something.
  • Get the Funds: After you accept the loan offer, the lender will credit it into your designated bank account. Depending on the bank, it may take 5 minutes for the loan amount to show up.

Loans With No Credit Check- Some FAQ’s.

Will my loan application be declined because of bad credit?

No, your loan application will not be rejected because of bad credit. Some online lenders at MoneyStar do not do credit checks. However, it would help if you met their eligibility criteria, such as sufficient regular income, a permanent job, etc.

Can I get a loan with no credit check?

Yes, you can get a loan without a credit check. Some payday lenders do not require a credit check before providing loans. However, the loan amount, interest rate, and repayment terms may not suit you.

How soon will I receive my money?

Online lenders transfer the loan amount directly to your nominated bank account within 5 minutes of your application being approved. However, when you receive your money depends on your bank.

Are online loans without credit checks safe?

Yes! It is safe. Online loans without credit checks are similar to other loans, except that hard inquiries will not be required. These loans can be expensive if you cannot repay the loan on time.

Can I get no credit check loans with no guarantor?

Yes, you can get no credit check loans without a guarantor. However, you may face higher interest rates and unfavourable terms or conditions in a bad credit loan with no guarantor.

Using the MoneyStar, you may get from R100 to R35,000 in just 5 minutes.

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Applying won’t affect your credit score

Micah Sedres

MoneyStar expert Micah strives to navigate finance niches like credit cards, loans, and mortgages easily. She helps hundreds of readers in credit building and provides money management tips. After regularly working for brands like, she joined the team as a staff writer to develop credit product reviews and comprehensive guides mainly focused on credit scores and loan/card offers.