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However, some companies offering same day cash loans have large banner adverts that advertise loans without a credit check. Even if it's true that a lot of nonbank lenders don't run prospective borrowers' credit reports, this doesn't mean that every application is accepted right away. Rather, borrowers need to show that they have an active checking account and a steady source of income. And that only applies to borrowers who are lucky enough to locate direct lenders.
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