If you are looking for a no credit check auto loan then there are a few things that you can do to make sure that you can 1) find the right loan for you, and 2) get a decent rate on the loan. However, be sure you know the distinction between a loan where no credit check is required and an auto loans for no credit in which you do not have any credit history but still want and need a loan for buying a car.
If you fall into the first category – the one who is looking to get a car without having your credit checked, then you should probably ask yourself two questions:
1) Do you really need to take out a loan for the car right now?
2) Is there something that you can do quickly and easily to fix your credit so you can quality for a loan that does require a credit check (like most loans do).
The reason why I suggest really looking at the car purchase and your credit history is because if you have such bad credit that the only way for you to get a car is to go to a no credit check lender then you will pay for that–you will pay in terms of much higher up front costs (closing fees, etc.), and you will pay in terms of much higher interest rates on the life of the loan.
However, if you are simply someone without credit then you will probably want to go to a bank or credit union and find out what they will require in order for your to secure the financing for your car purchase. Often times this is simply having a co-signer (who has income and a credit history) to co-sign on the loan. That reduces the banks risk and makes it easier for them to lend you the money, and you not only get the car but you get a chance to build your credit score as you pay the car down and on time.
