Long Term Loans No Credit Check From LoanNow – Easier, Faster, and Better
In the search for long term loans no credit check seems like an ideal situation. But such loans are seldom what they appear to be. Some lending websites promise no credit checks – but actually don’t offer loans. Other lenders do provide loans with no conventional credit check – but those loans often turn out to have much longer repayment periods than borrowers bargained for. Fortunately, LoanNow provides real long term loans with repayment periods you can live with.
Payday Loan Stores
In an attempt to crack down on payday loan abuse, some states have outlawed extremely short repayment terms for payday loans. Payday loan stores have often responded by offering “installment” loans designed to comply with the letter rather than the spirit of the law. With these payday loan store long term loans no credit check usually means an installment loan with payments due every week or every two weeks. That’s not really more manageable than being required to repay the entire loan at once!
Online Payday “Lenders”
You may have seen payday lending website headlines like “No credit check!” and “100 percent acceptance!” But with many payday lending website claims for long term loans no credit check actually means no loans. That’s because many online payday lending websites are not lenders at all, but intermediaries that collect information from prospective borrowers to distribute to third parties that may or may not be lenders. In fact, in many cases, information is simply sold to the highest bidder, which may include scammers and identity thieves, putting your finances at risk.
Direct Online Payday Lenders
With some direct payday lender long term loans no credit check merely means no hard pull for borrowers’ FICO scores. And while repayment periods may be longer than those for conventional payday loans, payments are still usually required every two weeks. Some online payday lenders operate in Native American enclaves; others are based outside the United States – outside of the jurisdiction of the federal government.
With long term loans no credit check often means loans with super high interest rates and subpar repayment terms. LoanNow considers your whole financial situation, not just your FICO score, and we approve many borrowers banks turn down. As a direct lender, we handle your loan from application to repayment – we don’t share your information with third parties. And our loans are structured with manageable monthly installments, not payments every two weeks. Check out the LoanNow difference today!