Unsecured no credit check loans are loans available from lenders that do not operate at the prime level where you find household names such as Bank of America and Citibank.
A prime lender will not give out an unsecured loan without first undertaking a credit check or teletrack check which means getting your credit score from a credit agency.
This can be a lengthy process resulting in loans taking as long as a couple of weeks from the application through to the acceptance stage.
Bad credit loans 
are primarily offered by subprime lenders for subprime borrowers. No credit check is undertaken, instead a different type of check called a status check is undertaken.
Unsecured no credit check loans – more pointers..
A status check is where the lender checks to see you are who you say you are as per your no credit check loans application. Checks may involve calling your employer to make sure you are in full time employment.
By not undertaking a credit check is a risk for a sub prime lender. They can only lend relatively small amounts of money up to a couple of thousand dollars for fear of the bad credit borrower defaulting on the loan.
As a summary, unsecured no credit check loans that do not require a credit check tend to be for those with an adverse credit history who would fail any credit check.
A short video highlighting the main points about loans that do not require a credit check:
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