There are no direct payday lenders who'll not perform a same day credit check on the borrower. No credit rating check loans mean that your lender performs a soft credit check on you before issuing the mortgage loan. Reasons for soft credit check include: 14901 are short-term pay day loans that are provided without various formalities and usually on the net. Upon acceptance from the payday lenders, the debtor may have the cash deposited into his bank account on a single day. The efficiency of unsecured loans for bad credit is achieved mainly as a result of short loan application form which will not require a large amount of details or paperwork based on your creditworthiness. In this manner, the processing time is immensely shortened.