Are no credit check loans real, or are they a fallacy? If you have a bad credit score, you’d probably prefer to apply for loans that promise no credit check involved, which is why so many Americans scour the internet for no credit check loans so consistently. The simple fact, however, is that genuine no credit check loans aren’t real. All accredited and legal lenders in the USA are legally required to carry out credit checks, despite their intention to offer finance to bad credit borrowers.