Are you in need of a personal installment loan, but you have credit issues? If so then you are probably looking for no credit check personal installment loans. This is not an easy loan to find because your credit usually is checked for any type of financing. You should know about both types of options for your loan.

First, always check with your own bank or credit union. Sometimes there is more that they can do than you think. Some banks take into consideration the amount of things you have done with them over the years and the relationship you have built with them. They will check your credit, but if you have a good history with them, then they might give you a loan regardless of your credit.  Plus if you check with your bank first and they can help you, then you will get a lower rate and it will be very easy to make your payments as well.

Another option is to use a site called Prosper. This is a marketplace for private lenders and borrowers to meet. They will pull your credit, but only once and they will give you a credit rating with them. Once they have done this the private individual lenders will be able to bid on your loan listing and help to fund your personal installment loan. You will not be fully judged on your credit with Prosper so you might be able to get the loan you need there.  Plus when you are dealing with individual people you will have a better chance to find someone that has had bad credit before and knows how hard it is for you to get the money you need.

Last, the best option for no credit check personal installment loans is to get a payday loan or cash advance. Most of these companies never check credit and it is always based on the income you have. These loans can go from $100 to $1,500, but they will have to be paid back within 30 days. You can usually extend the loan for another 30 days for a fee that is about 3% to 5% of the loan amount. It all depends on the lender.  This is a great option if you need money and you need it fast because you can get this type of installment loan overnight and sometimes even with an hour or two.  If you have an emergency you have to take care of you can do so with a cash advance or payday loan very quickly.