There are no direct payday lenders who'll 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 check up on you before issuing the mortgage loan. Reasons for soft credit rating check include: Overnight are short-term pay day loans that are given without various formalities and usually on-line. Upon authorization from the payday lenders, the customer may have the cash deposited into his bank account on the same day. The productivity of unsecured loans for bad credit is achieved mainly due to the short loan application form which will not require a lot of facts or paperwork based on your creditworthiness. In this manner, the processing time is immensely shortened.