There are honest individuals that have every intention of repaying a loan but their lives are too disorganized or their job situation is too volatile for them to keep up with payments.
Then there are individuals who have problems with drink or narcotics that want to borrow cash and have absolutely no intention of repayment. They are just searching for a way to support their habit.
When you put a person in a situation where they know they can prove their wages but they know they will fail any sort of credit search, they resort to the internet and searches on Google for no credit search loans.
The reality is while many lenders are willing to lend to individuals with bad credit history, they will do it only under certain circumstances, and usually with very unfavourable terms. Lenders have to do credit checks to verify a person is who they say they are. This is particually true online as no known 3rd party will ever see originals of their proofs of ID and proofs of residential address. If you could get a loan and give a completely fictitious date of birth and other individual details, it would make it very hard for the loan to be enforced.
When you apply for a spread bet account or other financial related product, these parties can do a status check on an person which is a search to their credit file. This is not however recorded as an application for credit.
A financial institution may have a legal obligation to know exactly who you are before they send you funds.
Some sub prime lenders may do a status check opposed to a credit check, but the vast majority of lenders and suppliers of consumer credit do a credit check. As soon as you are asked for your last 3 years address history and your date of birth this is a likely sign that a credit search is being executed.
A company is not allowed to do a credit check on you without your permission. An example of where you can refuse a credit check is when you move into a new home and you call the electricity supplier to tell them you are responsible for the charges. If they ask you your date of birth and your previous address, you tell them you do not agree to a credit search as it will knock down your score with other potential lenders. Then they can’t do a search on you.
You are likely to be declinded for a loan or other credit agreement if you have missed payments, defaults or County Court Judgements. Defaults and County Court Judgements stay in your credit record for six years. If your defaults or judgements are at a previous address that you lived over 3 years ago it may be possible to qualify for a prime loan.
An example of a credit agreement that is easy to qualify for is a sim only mobile phone contract. The network provider is only exposed to the cost of the calls you make should you not pay, and since the absolute cost of phone calls is extremely insignificant it is worth the risk for them.
Some lenders use software tools called Hunter, Fraud scan and Detect, which search your complete six years credit record and if this is the case you are likely to be declined for the loan which in some case can be heartnbraking especially if you are in dire need for the money.
No credit check loans UK 
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