Slick Cash Loan offers an alternative to expensive titles and flashes no credit check loans. As a traditional lender, our no credit loans offer lower rates with significantly higher levels of security and affordability.

Slick Cash Loan assesses a borrower's ability to repay a loan by calculating a monthly debt ratio that compares the net result to current obligations to ensure that the forward payments proposed can be met through the borrower's monthly cash flow.

Property and payday borrowers don't assess this ability to repay but instead, rely on the value of the collateral or access to a borrower's bank account as their assurance that the loan will be repaid. Due to our ability to repay tests and other acceptance criteria, Slick Cash Loan works to provide you with a loan that you can afford.

Slick Cash Loan offers all borrowers the opportunity to cancel their loan free of charge if for any reason they are dissatisfied within 30 days. I am not aware of any lenders or any other financial institution that offers this option.

Slick Cash Loan offers simple interest loans that are fully amortized and repaid in manageable monthly installments consisting of both principal and interest. This is much safer than providing short-term balloon and title payments.

Slick Cash Loan reports the borrower's credit history to all three major credit bureaus. This allows borrowers to establish creditworthiness and gives them access to more future credit options, often at even lower rates. Lenders of titles and payday do not usually report credit history.

Each Slick Cash Loan branch is located in the community that serves to provide our valued customers with a highly personalized level of service. We invite you to call or visit one of our branches today to discuss how we can help you with your credit needs.

The best way to fix bad credit is to be responsible for a longer period. Pay on time every time and you are on your way to better credit:

Work with a lender, such as Slick Cash Loan Co, who understands the implications of bad credit. We report rigorously to the credit bureaus. Use an online invoice payment service to schedule your bills to be paid automatically the day before your due date.

Get a savings account at the same time as the car loan. If you come across a situation where you know you will have trouble paying your monthly amount, please contact Slick Cash Loan immediately to discuss options to reduce the impact on your credit score.

People looking for loans without a credit check are often desperate, making them a target for predatory lenders. If a lender offers a loan without a credit check, it is likely a title or payday lender who offers a high-interest loan for a short time. These loans that require a balloon payment in the short term can be dangerous.

If a borrower cannot afford to repay the loan in full, they have no choice but to refinance that loan. This results in what regulators call the 'cycle of debt', where the entire balance of an initial loan is refinanced several times, to the detriment of the borrower. A credit check from a lender with your financial success in mind is a good thing and a better option.

Author's Bio: 

No credit check loans are not just suitable for individuals lacking a credit score or who have a bad credit score.