default img

Is There Such a Thing As a No Credit Check Loan?

Despite the name, reputable lenders still require a credit check when they offer you a no credit check loan. However, no credit check loan lenders typically do not perform full, in-depth credit checks which could affect your credit.

Instead, they primarily run a "soft" inquiry to verify who you are and to try to find out if you can afford to pay back the loan you applied for. This soft check will not leave a mark on your credit report.

default img

Why Do Lenders Perform Credit Checks?

Your credit report is a record of your credit history, which contains different information about you and your previous financial history.

Lenders need to determine the creditworthiness of each person who makes a loan request. Conducting a credit check helps them obtain your credit report and decide whether to give you a loan.

In addition, lenders check your credit to verify whether you have obtained other new loans. If any, your eligibility for a loan could be affected.

How Do No Credit Check Loans Through WeLoans Work?

Our no credit check loans allow you to get a loan without undergoing a hard credit check. When applying for a no credit check loan through WeLoans, you only need to go through these 3 steps.

  1. Step 1: Apply Online

    Fill out the online application form, which can be completed in a matter of minutes. After you submit the form, it will be automatically distributed to our network of trusted lenders.

  2. Step 2: Compare Offers

    You will receive multiple loan offers from a variety of willing lenders. Compare their loan terms, interest rates and fees to make an informed decision.

  3. Step 3: Receive Funds

    Once you accept an offer and sign the agreement, you can expect to have your money deposited into your bank account in as little as one business day.

Why Choose WeLoans?

  • default img

    Fast Funding

    Our partner lenders can make a financing decision within a few hours, and you can even expect to receive your money on the same day.

  • default img

    Free Services

    We do not charge any fees for our services. You don't need to pay for submitting your loan application or receiving loan offers.

  • default img

    Reliable Lenders

    WeLoans works with a long list of trustworthy lenders in Australia. You can rest assured that they won't take advantage of you.

  • default img

    Simple Requirements

    Most of our partner lenders' eligibility requirements are easy to meet. Even borrowers with bad credit are likely to be accepted.

  • default img

    Secure Data

    We use the latest data encryption protocols to ensure that your personal and financial information is safe and confidential with us.

  • default img

    Convenient Process

    You don't need to do any paperwork or wait in long lines. With WeLoans, you can submit your loan application from the comfort of your home.

What Types of No Credit Check Loans Does WeLoans Offer?

WeLoans offers different types of no credit check loans to meet your financial needs. Here are some of the popular no credit check loans available with WeLoans.

  • default img

    Payday Loans

    Payday loans are the most common no credit check loan available at WeLoans. Many of our partner lenders offer payday loans without hard inquiries. They are ideal for dealing with small emergencies immediately and can be repaid in 16 days to 1 year.

  • default img

    Centrelink Loans

    WeLoans and our partner lenders are willing to help borrowers with bad credit, especially those who rely on Centrelink benefits. When applying for a no credit check Centrelink loan, lenders will focus more on your current Centrelink payment income than on your credit.

  • default img

    Loans for Unemployed

    Some of our partner lenders offer unemployment loans without hard credit checks. To qualify for this type of loan, you do not have to earn income from your job but should provide another source of income, which can be a Centrelink payment.

  • default img

    Quick Cash Loans

    Need urgent cash? No credit check, quick cash loans have got you covered. Usually, with a soft credit check, the quick cash loan lender makes an immediate loan decision and funds you within the same business day.

default img

Can Bad Credit Borrowers Get Urgent Loans with No Credit Check at WeLoans?

Yes, you can expect to get urgent loans without a hard credit check even with bad credit. We have lenders who specialise in bad credit loans and they only perform a soft check on your credit report, which won't hurt your credit.

Your bad credit rating is not a barrier when applying for a loan with WeLoans. Many of our partner lenders do not have minimum credit score requirements. Even if you have a fairly low credit score, you will likely be approved as long as you can prove your ability to repay the loan!


  1. 1. What Are the Eligibility Criteria for Applying for No Credit Check Loans?

    To qualify for a no credit check loan, you must:

    • Be at least 18 years old
    • Be an Australian citizen or permanent resident
    • Have a steady income
  2. 2. Can I Obtain a Small No Credit Check Loan with Guaranteed Approval?

    No, there is never a loan that offers 100% guaranteed approval. However, if you meet the basic requirements for a no credit check loan, you have a good chance of being approved by our partner lenders.

  3. 3. How to Avoid Having a Bad Credit Score?

    Bad credit habits result in a bad credit history. To prevent having a bad credit score, you should avoid getting loans too often and budget your income wisely while planning for unexpected expenses. Also, whenever you do take a loan, plan and work to ensure you pay it back appropriately when it is due.

  4. 4. Are Payday Loans with No Credit Check Easy to Get?

    Generally, many payday lenders perform soft credit checks and their requirements are not as stringent as other loans. Therefore, it is easy to get a no hard credit check payday loan if you meet the lender's requirements.

  5. 5. Is Borrowing Money Through WeLoans with No Credit Check Safe?

    WeLoans only partners with legitimate lenders and insists on top-notch security measures to protect your personal data. You can rest assured that getting a loan through WeLoans is safe and secure.

  6. 6. How Quickly Can I Receive the Funds from My No Credit Check Loans?

    It depends on the lender you work with, but most of the time no credit check loans will be processed quickly within one business day.

default img
default img
Written by
Jonathan JacksonExpert Financial Writer

Updated on: Mar 29, 2023

Worrying About Your Credit? Get No Credit Check Loans in Australia Today!

Your bad credit history won't matter if you take out a no credit check loan with WeLoans. Fill out the application form now and get your money today.

default img