It’s frustrating, but when you need a first time personal loan with no credit history, they treat you like the bad guy. In fact, being a complete unknown quantity can feel worse to you than having a low score.
Not only do they treat you as suspect, you don’t know what you are doing. So you will have trouble deciding what makes sense.
Let’s Talk About First Time Personal Loans No Credit History
This can be a scary first step for a young person just starting out in the world. While many people ask themselves where they can find quick payday loans, you may have other questions.
Someone wanting a first time personal loan no credit history may be wondering where they can find safe online payday loans. You don’t know the lingo, so everything sounds like a potential scam. It just adds all the more stress to an already stressful situation.
Types Of First Time Personal Loans No Credit History
In most cases, we are talking about payday loans or something similarly small. It will probably not be a big installment loan paid off over a period of years.
Small loans can help you get some experience with financial stuff and help establish a credit record. Keeping them small can help limit how much trouble you could get into if you make a mistake. This is the conservative path for someone who isn’t sure what they are doing.
Some Basics You Need To Know
Most short-term personal loans, like payday loans, do not involve a lot of paperwork. This is equally true if you need a first time personal loan with no credit history.
You need to be a legal adult and a citizen or legal resident of the country. In most cases, you can show this by providing a copy of your identification, such as:
- Your driver’s license.
- Your state-issued ID card.
- Your military ID card.
- Your tribal ID card.
They will need all your contact information, like telephone and address. They will need some indication of how much you make, like a recent pay stub or recent bank statement.
If you are applying online and you bank online, you can probably download a PDF copy of the latter. Just makes sure it is recent, like last month’s.
Find Your First Time Personal Loan No Credit History
TheGuaranteedLoans can help hook you up. We keep tabs on different lenders and their products so you don’t have to worry about those details.
We can help you find the most trusted payday loans online. All you do is fill out our forms, then we check everything against our database.
When we find a match, we contact the lender. They then get in touch with you to complete the process.