As far as students are concerned many banks are reluctant to give generous overdrafts and credit card limits as they are fearful the money may not be paid back as the student drinks themselves into a stupor.
No credit check student finance is where a loan provider does not consult Experian before approving a loan. Experian is a credit rating agency which gives the loan provider details of the borrower’s credit score.
Generally the large banks always carry out a credit check before lending money whether to a student or any other segment of society.
Student loans no credit check
Lower quality lenders such as payday lenders do not tend to carry out credit checks. Instead they will carry out a status check which is less stringent and speeds up the process.
A status check makes sure that you are who you say you are as per the details completed on a loan application form and may require the lender to request documentation.
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I could not agree more. Who the hell do these students think they are using other peoples money to drink, take drugs and have copious amounts of sex. Get in the real world you bloody students. No wonder the government are raising university tuition fees. I mean nowadays any man and his dog can get a place at university. In my day you had to have half a brain to go to university.
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