People who apply for unsecured no credit check loans do so knowing that they have access to an easy source of money generally within 3 days of applying. You can pay the loan back before term if you wish without redemption charges. The loan may be used for most purposes.
The idea of unsecured no credit check loans resulted from fallout due to the credit upheaval of recent times. Something needed to change to allow folk with bad credit ratings to be able to access new lines of credit. The solution was the guarantor loan which has proved itself to be popular.
With unsecured no credit check loans you can get access to cash quite readily no matter what your credit history. If someone will consent to be your guarantor, someone like a parent, relation or close friend who knows you well, your credit rating will not be looked at, so your past credit activities need not matter.