FINANCE
No-Check Loans Can Carry 400% APR
The cost of skipping a hard credit pull.
The 'Soft Check' Mechanism
Lenders use a soft inquiry that doesn't hurt your score. But it reveals one key risk factor.
How Lenders Price That Risk
Without a hard pull, they must price for higher default odds. This can push APRs past 400%.
Find Safer Loan Alternatives
The full report analyzes high-cost loans and details options like credit union PALs.
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