There are no direct payday lenders who will not carry out a same day credit check on the borrower. No credit rating check loans imply that your loan company performs a soft credit rating check up on you before issuing the mortgage loan. Reasons for soft credit rating check include: Need Loan are short-term pay day loans that are given without various formalities and usually over the internet. Upon acceptance from the payday loan providers, the borrower may have the cash deposited into his bank account on a single day. The efficiency of personal loans for bad credit rating is achieved mainly as a result of short application for the loan form which does not require a lot of details or paperwork predicated on your creditworthiness. In this manner, the processing time is immensely shortened.