Loans with no “credit checks”

A loan with no credit check!

You can relax now – you’ve found a company that offer loans even if you have a bad credit history, CCJs, arrears or defaults. You can get the cash you need quickly and without barriers or credit checks.

Even if you don’t have a credit history – it’s not a problem!

We differ from other lenders in that we are prepared to loan you money with no credit checks. If fact you will build up a credit history with us! Make regular and on time repayments and then you can prove to other lenders that you are a good credit risk. This will allow you more credit options in the future.

No Credit Check – Why?

We do not need a credit check because your loan is secured against your car. Despite having bad credit, you can still get a V5 Loan provided you have a car that is nearly free or free from finance. Even if you have a classic, prestige or luxury car, you could qualify you for a no credit check loan. You are assured of a very quick decision with V5 Loans.

How much can I borrow?

Provided you have a car with equity, anything is possible. We determine the loan ceiling by the make, model, age, mileage and condition of your car. The higher the market value of your car, the larger the no credit check loan you can have.

We get you the money you need QUICKLY!

You’ll be surprised that a loan can be agreed in principal in minutes over the ´phone. If you apply online, our advisers will call you back immediately. Once the paperwork is completed you can have your money the same day – it’s that easy!

Any purpose loan

Whatever your reason to obtain a loan, provided you can continue with the repayments on your no credit check loan you can use the money as you wish. This could be to consolidate other debts, fund car insurance, that holiday you have been waiting so long for, Christmas gifts or a treat for yourself. You might want to make improvements to your home, or need a private operation – they are all acceptable reasons.

REFUSED A LOAN?

1 – Is my loan application confidential?

Yes, of course your loan is confidential. Please ensure confidentiality by advising us not to use an email address or telephone number to contact you.

We do not perform credit checks on you as we are not concerned how other organisations view your credit worthiness or history. We also never share your information with other lenders or third parties. We are licensed under the Data Proctection Act to protect your privacy at all times.

There’s just one final requirement to be aware of under this category. If you have been refused a loan before, you will need to provide proof of regular income with payslips, P60 or your personal bank account statements.

2 – Does my partner or another family member need to know?

Your privacy is protected, not only under our code of ethics, but under Data Protection legislation of which we are licensed under number: Z1414881. Correspondingly, discussing your private affairs with a third party contravenes the Data Protection regulations. However, we always recommend that your partner is aware that you have been refused a loan in the past by another lender that that’s why you are in touch with us. Our loans are based on the legal owner of the vehicle and therefore, you are not at liberty to involve anyone else. However, that said, if you share a mortgage, credit cards or bank account or other financial commitments with a partner, there’s a likelihood they are going to find out at some point.

3 – I have a bad credit record – Can I get a loan?

It’s possible! Our logbook loan based on the equity in your car requires no credit checks – so your past credit history is ignored. This will apply even if you have been refused a loan by other lenders now or in the past due to bad credit.

4 – I have a CCJ – County Court Judgement – Can I still get a loan?

It’s possible! If you have no credit history of have been refused a loan due to CCJs, arrears or defaults, then it is still possible.

5 – How come you can loan me money when other lenders won’t or can’t?

Your current credit file would state you are “high risk” for a loan or credit. We can give you a loan as you are using the equity or value of your car as security. This is a secured loan and we allow you to borrow money without the need for a credit check.

6 – Loan Application Process

Please do not worry if you have been refused a loan before, just call us on 0800 999 5555 or apply online by clicking the “Apply Now” button at the top of this page. Our friendly advisers will be able to give you an answer in minutes.

OUR PRIVACY POLICY

1 – The site is operated by V5 Loans Limited, a company incorporated in the UK (registration number 6641972), the registered office of which is Millennium Business Centre, Humber Road, London NW2 6DW.

2 – When you call us, or complete the online application, you will have provided us your personal details. V5 Loans Ltd totally respects your privacy and does not share any of this information with third parties. Our Data Protection License No: Z1414881, confirms that we are registered under the data protection act legislation to ensure your privacy and data is of utmost importance to us.

3 – As you register either by telephone or through the web site, we collect your information. This could be in response to advertising either online or in print. In particular, V5 Loans also collect information about you which includes the use of cookies. Cookies are pieces of computer code which are stored on your computer and which allow us to recognise the fact that you have visited our site previously. Most browsers can be altered to prevent your computer from accepting cookies, although this may mean that some of the features of this site will not work properly. This information is treated in the same way as any other data and remains under the jurisdiction of the Data Protection legislation which we fully adhere too.

4 – V5 Loans would like to use your personal information to keep in contact with you on a regular basis to tell you about new developments and offers, or promotions that are available to you. If you do not wish to receive this information, you can unsubscribe at any time. Once your data is in our database we will keep you informed of any special offers, promotions or even government legislation that may affect your ability to lend.

5 – As mentioned previously, all data that we collect about your personal information is kept in the strictest confidence, however, by disclosing this to us, you agree to the storage, processing of your personal information accordingly as set out in our privacy policy.

6- We ask that at all times you keep us informed in any changes to your personal information or circumstances. If we don’t know – we can’t help you!

In the event that you have any queries regarding this privacy statement or V5 Loans Limited treatment of your personal information, please contact V5 Loans Limited by any method set out below at:

Post: V5 Loans Limited, Millennium Business Centre, Humber Road, London NW2 6DW. Tel: 0800 999 5555 Fax: 020 8830 8761 Email: