Credit Score

Need a loan now?

You’ll need to check your credit score, first. Knowing your credit score is the first step in any loan application process, and if you’ve never checked your credit before, it can be hard to know where to start.  This is especially important when you need a loan for bad credit, as the loan application process typically involves a hard credit check.  With Loans Now however, you go through our individually tailored loan discovery program which matches you with the loan that’s right for you, without ever running a credit check.  We’ll show you how to check your credit score free, online, and right away. If you have bad credit, we can also show you how to improve it, and get the loans you need even easier.

How to Check Credit Score

There are a number of ways to check your credit score for free. All you have to do is go to a trusted site and type in your information.  Some sites charge a small fee to check your score, but there are plenty of free credit checking sites available as well.  Many credit cards, such as Discover, offer free credit reports if you have a card open with them, so check with your credit card provider if you have one- you may be surprised at some of the services they provide!

Can I Get a Loan with Bad Credit?

If you check your credit and find that it’s less than ideal, it’s still possible to get a loan with bad credit. At Loans Now we ask you to bring a credit score with you, so there’s no hard credit check that could hurt your score even more.  Unsecured personal loans can be a great way to improve low credit scores, so we’re no stranger to bad credit loans.  Taking out an unsecured personal loan and responsibly paying it off can actually improve bad credit, and make it easier to get better rates on loans in the future.

How to Improve Your Credit Score

As we mentioned before, taking out a small, unsecured personal loan and paying it off responsibly can be a good way to start rebuilding your credit.  You can also open a credit card for bad credit and pay it off each month before it’s due. One thing to keep in mind when using a credit card is to not think of it as new money, but rather as a more convenient way to use money you already have. In other words, treat money you spend on your credit card the same way you would treat cash- don’t spend more than you can pay off immediately! Most important, never miss your monthly payments because that can start accumulating debt in addition to hurting your credit score.  Stick around on the Loans Now blog for more content on bad credit and credit scores- we’re here to help you.  At Loans Now we want to match you with the personal loan that’s right for you, regardless of your credit!