How to Safely Get Up To £5000 without Having To Pass a Credit Score Check?

How to Safely Get Up To £5000 without Having To Pass a Credit Score Check?

Going to a bank to get a loan is not always an option, especially if you have a bad credit score. Most banks will either ask that you attend several meetings in order to assess your request, or outright reject it if your score is too low.

If you find yourself in need of a few thousand pounds and know that you would not pass a credit score check, you may want to consider using a less traditional lending service in order to borrow the money. There are hundreds of online platforms that either put borrowers in touch with lenders or who allow individuals to take out loans from sites like Cobra as they would from a bank, without having to pass a credit score check.

Most companies will allow you to take out loans of up to 5000 pounds and pay the money back in installments that are spread across as much as 36 months. This having been said, there are a few things that you need to keep in mind if you want to ensure that you get a fair deal:

Look at what online lending services you have access to

Peer-to-Peer lending platforms are usually a good place to start looking for a loan. These websites will pair you with a lender that you can discuss the details of the transaction and agree to terms that you are both comfortable with. This having been said, you will also be charged a small fee, by the platform itself.

If you have a poor credit score and do not want to disclose your detailed financial information to anyone, this should be a good option for you. In most cases, you will only need to provide proof of residence and proof of income before being allowed to borrow money.

Furthermore, one of the most important things to remember when it comes to peer-to-peer lending is the fact that not all platforms of this type have preset interest rates, so it is possible to find one where you can directly negotiate with the lender and come to a mutually profitable understanding.

Another way you can look for lending services is by opening the Google Play Store or the App Store and searching for lending services. More and more money-lending apps are being developed with each passing year and most of these work similarly to banks, with the exception that you can borrow large amounts of money, for extended periods of time, without having to pass a credit check.

However, if you want to use these you will have to submit detailed personal and financial information, as part of the account creation process.

Get your personal and financial information ready and store it on your computer or phone

Regardless of what type of app you decide to use, you will have to provide photos of several personal documents, such as an ID, a driver’s license, a recent utility bill, a bank statement, and a payslip. These documents are used in order to ensure that your name and address are real and that you have a stable source of income that will allow you to pay back the money that you borrow.

Take photos of these documents with your phone and store them safely so that you will have everything at hand when you need to request a loan.

Only use trusted services and ensure only communicate with the lender using your chosen platform

As a safety precaution, never attempt to negotiate with the lenders outside of the app that you use. These platforms monitor all communication in order to protect both borrowers as well as lenders and going off-site can lead to you losing money or having your personal information stolen.

If the service that you’ve chosen offers a smartphone app, only submit your personal data and communicate through it. This will save you a world of trouble in the long run.

Lastly, keep in mind that not all money-lending services are created equal. Look for reviews before using one in order to ensure that the lenders and the platform itself are fair and that everything will go smoothly.


If you need a few thousand pounds and have a bad credit score that would prevent banks from giving you a loan, then your best bet is to borrow the money using one of the online services mentioned above.

Choose a platform, go its website, create an account using your personal information, and use the on-site app in order to get the loans that you need. Although some companies will ask you to submit your credit score, this information will only be used for marketing purposes. These companies are regulated by the UK government and are obligated to protect your data and respect the terms that you agree to.

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