New Delhi, Feb. 28 -- Getting a loan without a credit score or history can be difficult. However, many financial institutions and lenders provide no credit check loans for those who have poor or no credit history. These loans can be used in emergencies, however, these come with certain conditions and also involve risks.

Hence, before you decide on getting such loans, it is important that you understand the pros and cons involved so that you can make the right choice and get a deal which suits your budget the best.

No credit check loans are such loans which do not require your credit history to decide whether you are eligible for the loan. In fact, lenders look at your income, employment status and your ability to repay the loan before a...