No Credit Check Loans: Is “Instant Cash” A Gimmick?
There is some snobbery in high finance when it comes to credit products for less-well off customers. Financial writers sneer at instant cash loans. “No credit check? Must be a bad deal!” They write these loans off as a gimmick or cheap sales trick. This is judgemental and unfair; a closer look at loans that don’t need a credit check shows that they are a vital financial service for the majority of ordinary people.
Wealthy people take money for granted. They don’t need to worry about an exact budget, and they can afford to build savings and take out various types of home; medical and life insurance to cover costs in an expensive unplanned future scenario. The thought of “instant cash” sounds distasteful to them. Being able to get hold of money when they need it is a luxury for many people and so the speed that a lender pays out on an emergency loan makes a massive difference. Quick payouts save struggling borrows additional stress, expense and time.
Customers know they can expect to pay a little more for a fast cash loan that comes without the delay of credit verification, but this is balanced by the difference that having the money in hand makes. We have a list of no credit check loan lenders who work exclusively with short term and long term loans of this kind. Choose from this list and you will get a fast cash loan with the lowest possible cost of borrowing, because they are lenders who welcome all kinds of customers. Lenders who are inclusive and non judgemental are able to keep borrowing costs low for their customers, AND put cash in their hands quickly. It’s certainly not a cheap sales technique; these lenders give customers exactly what they ask for!
Ordinary people know that cash-in-hand makes a big difference. Every cent counts when you’re working on a tight budget every month, or when your income is erratic, or you rely on a monthly check. Students, seniors, veterans, disabled people, self-employed people, lone parents and new immigrants look for lenders who will welcome them and cater to their needs. Flexible borrowing lets them make plans, cover expenses and create a comfortable future. Lenders who represent the best deal for people like you are the ones we review and feature right here. “Cash” isn’t a dirty word and our plain-speaking lenders are getting lending right by using simple terms to open up borrowing for customers from every background. Simple language makes it easy for people who aren’t comfortable with financial terminology to find great loans in the busy online market; it’s a mistake to judge words such as instant, or cash, or payday when talking in this context.