MaxLend is one of the best direct lenders out there to get loans without credit checks. A direct lender, in general, can be an independent financial institution, bank, or credit union that offers loan services to customers directly. In most cases, you will be unlikely to succeed in your loan application if you have a bad or no credit history.
This is where online loan platforms come in handy. A reputable online broker can connect borrowers with lenders that will conduct soft credit checks to assess the eligibility of loan requests. Unlike a hard credit pull, soft credit checks will not lower your credit score and will not appear on your credit report, so most lenders will advertise their services as “no credit check loans.” Note that credit checks are the mandatory process of getting loans in the US, even the soft credit checks count.
If you are looking for loans without tough credit evaluation, you can get them through reliable online loan marketplaces like iPayDayLoans and WeLoans. We rounded up some of the best loan platforms on the market and present you with information about how these platforms can help you get easy soft credit check loans from direct lenders with ease.
Sites To Find Direct Lenders And Get Loans Without Hard Credit Checks
MaxLend
MaxLend is a tribal direct lender that offers borrowers installment loans of up to $3,000. MaxLend is a great alternative to traditional payday loan lenders, allowing you to pay back your loan in installments. These loans are available to borrowers with bad or no credit history.
Using this online service is free of charge and you won’t incur any cost. To qualify, you must be a US citizen over 18 years of age. Tribal lenders often offer their loan services with minimal requirements, making everything easier for people with unpleasant credit histories. However, the eligibility and the available amount for a loan may be subject to your state law and your overall financial status.
iPaydayLoans
If you are looking for small payday loans without hard credit verifications, iPayDayLoans may be a great choice for you. Offering loans from $50 up to $35,000, this online marketplace will connect you with multiple direct lenders that offer various loan services such as payday loans, personal loans, installment loans, and title loans.
The application is very easy and uploading the application to the site is free of charge. You won’t need to pay anything to avail of their matching services to top lenders. Usually, borrowers are given repayment periods of between 3 and 36 months.
WeLoans
WeLoans is another trustable online platform to get no hard check instant cash solutions. Despite being free of charge, WeLoans aims at connecting borrowers with reputable direct lenders offering loan services without hard credit evaluations up to $35,000.
The application process on WeLoans is quick and straightforward. Plus, their providers offer quick processing time, with most lenders depositing the loan funds into your account as fast as the same day.
| Brand | MaxLend | iPayDayLoans | WeLoans |
| Loan Amount | Up to $3,000 | $50-$35,000 | $50-$35,000 |
| Repayment Period | 9 Months | 3-36 months | 7 years maximum |
| Processing Time | up to 3 business days | as fast as the same day | in the next 12 hours |
Direct Lender VS. Online Lender
Direct lenders can include banks or credit unions and they work directly with borrowers in the entire loan application process. There is no middleman involved in this type of loan application process. The lender will assess the borrower’s financial profile to determine the most appropriate loan for their needs.
On the other hand, an online loan broker is a middleman that acts as an intermediary between the lender and the borrower. Unlike a direct lender, an online broker does not offer direct loans to the borrower directly. Instead, online brokers usually have a network of reputable lenders and provide borrowers with the convenience to save the hassle of reaching lenders one by one.
Advantages of Using Online Brokers
There are many benefits that come with working with online brokers compared to direct lenders. Working with an online broker can give you access to a wide pool of lenders offering loan programs that suits your needs, which can massively increase the efficiency of obtaining financial support as well as the chances of getting your loan request approved.
Online brokers are especially helpful if you have a bad or no credit score and you are having a hard time getting your loan approved by direct lenders. A broker can help find experienced lenders in the industry that provide dedicated bad credit loan services for those with imperfect credit backgrounds.