There are no direct payday lenders who will not carry out a same day credit check up on the borrower. No credit rating check loans mean that your loan provider performs a soft credit rating check up on you before issuing the mortgage loan. Reasons for soft credit rating check include: Lender Loan are short-term payday loans that are provided without various formalities and usually on the net. Upon approval from the payday loan providers, the customer may have the money deposited into his bank account on the same day. The productivity of personal loans for bad credit is achieved mainly as a result of short loan application form which does not require a lot of facts or paperwork predicated on your creditworthiness. In this manner, the processing time is immensely shortened.