10000 Loan – 5 Best $10000 Loans No Credit Check in 2023

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No matter how well you have planned, emergencies will still crop in and interfere with your plans. There’s usually no need to worry because the 10000 loans can help you sort out any of these financial emergencies. 

However, you’ll need to have a good understanding of what 10000 loans are and how you can make the best out of them before seeking them. This post will talk about 10000 loans and even recommend some of the best 10000 loan platforms you can check out for these loans. 

#1 10000 Loan in 2023 – Viva Payday Loans


Best 10000 Loan – Top 5 Options

  1. Blue Trust Loans – Best for 10000 Dollar Loan Money in 60 Minutes
  2. Cash Central – Best For $10000 Student Loan Forgiveness Program
  3. Check City – Best for 10000 Loan Bad Credit
  4. Big Picture Loan – Best for Same Day $10000 Dollar Loan Payouts
  5. Ameri Cash – Good for $10000 Dollar Loan Monthly Payment

What Are 10000 Loans?

10,000 Loans are short-term loans dependent on a lender’s check kept for future deposit or electronic access to the lender’s bank account. Borrowers get cash after writing a personal statement for the loan amount plus the financing fee. They may be required to grant electronic access to their bank accounts to accept and repay payday loans in some situations.

The loans and the financing charge must be paid in one installment; lenders retain the checks until the lender’s subsequent payday. Borrowers can redeem the check to pay a 10000 loan by paying the loan in cash, letting the bill be deposited at a bank, or simply paying the financing fee to carry the loan off for another pay cycle. 

Other payday lenders also provide longer-term payday installment loans and ask for permission to electronically take numerous installments from the borrower’s bank account, which are generally due each pay period.

Common Uses Of 10000 Student Loan Forgiveness

1. Debt Consolidation

One of the most common reasons for seeking a personal loan is to consolidate debt. When using a loan to pay off multiple other loans or credit cards, you combine all pending balances into a single monthly payment. This debt sorting makes it easier to develop a schedule for paying off your balances without becoming overwhelmed.

The lower interest rates are among the most significant benefits of using a personal loan to clear off your credit cards. Lower interest rates will reduce the payable interest, and the period it’ll take to settle the debt. Consolidation enables you to clear credit cards indefinitely with a specific end date in mind.

2. Alternative To Payday Loans

If you urgently require cash for an emergency, taking out a personal loan rather than a payday loan could save you some dollars as interest charges. The average APR for a payday loan is 391%, while the maximum interest rate on a personal loan is typically 36% (according to the Federal Reserve Bank of St. Louis).

Payday loans have short payback terms, typically ranging from two to four weeks. Borrowers are usually intimidated to renew the loan, which adds the accrued interest to the principal. This raises the total amount of interest owed. And thanks to such a short turnaround period, individuals frequently struggle to repay their loans on time.

3. Home Remodeling

Homeowners can use a personal loan to enhance their home or complete necessary repairs, such as plumbing or electrical wiring upgrades.

Individuals who do not have equity in their home or do not want to take out a home equity line of credit or a home equity loan may benefit from a personal loan. Unlike easy loans, personal loans don’t always ask you to put your home as collateral, making them less risky.

4. Moving Costs

A local move is estimated to cost an average of $1,250, whereas a long-distance move should cost approximately $4,890. So, moving can be a big challenge, especially when you’re cash-strapped. Fortunately, you can always take out a personal loan to cover your moving costs.

Personal loan funds can assist you in moving your household goods from one location to another, purchasing new furniture for your new home, and covering any unexpected expenses. Additionally, if you’re moving somewhere without a job, a personal loan for moving costs can help you stay afloat. This way, you won’t have to dip into your savings or emergency fund.

5. Emergency Expenses

For an unexpected expense, such as facilitating a loved one’s send-off. The average cost of a funeral is $7,640, which can be extremely expensive for many families. Unexpected medical bills are also a common reason for obtaining a personal loan, especially if the hospital policy requires full payment. 

Dental work, cosmetic surgery, fertility treatments, and medical procedures that can cost $5,000 or more are examples of the most common medical treatments that may necessitate the application of a personal loan. Further, a personal loan can be used to cover additional expenses such as medical travel, parking, medications, service animals, and aftercare.

How To Qualify For 10000 Personal Loan (Eligibility Criteria)

The following conditions must be met to qualify for a $10000 personal loan:

  • Must be at least 18 years
  • You have to be a resident of the state you’re applying
  • Provide proof of monthly earning from a consistent job or other sources of income
  • You must have a bank account—an active one
  • There should be no existing bankruptcy or plans to file for bankruptcy
  • A valid social security number or taxpayer-identification number is required
  • A checking or savings account is required

Best 10000 Loan – $10000 Student Loan Forgiveness Program

1. Blue Trust Loans

Blue Trust Loans is an online operator that provides short-term instalment loans in place of typical payday loans. They also offer simple application procedures, low qualifying criteria, and quick fund transfers. The critical distinction between these instalment loans and payday loans is that customers just have a few weeks to repay their bills.

Unfortunately, the payback period is only one aspect of the payday loan dilemma. The other (far more hazardous) concern is that their interest rates are skyrocketing. Blue Trust Loans does nothing to address this issue and charges rates comparable to those charged by other payday lenders.

These installment loans are almost similar to payday loans because of the high-interest rates. On the contrary, installment loans are riskier because their principal balances are higher. Blue Trust Loans go up to $3,000, whereas payday loans culminate at about $ 1,000. 


  • Possible “loyalty” program with a discount on future loans—if you complete loan payment in time
  • The application is made online
  • Quick funding


  • Limited to few states
  • High APRs due to high fees

2. Cash Central

Cash Central is reputable for simplifying the entire online lending process—the simplest when compared to other lending alternatives. Their customer service representatives are friendly and will be more than willing to answer your questions if you choose to call. 

To apply for a Cash Central payday loan, you must have credible proof of income, a valid checking account, two current and reliable phone numbers, your social security number, and be at least 18 years old.

Typically, approval periods are pretty short since you’ll know if you have been approved for a loan within minutes.

Receiving cash takes one business day if the loan application is accepted before 7:45 p.m. ET Monday through Thursday. If the loan is submitted on a Friday, Saturday, or Sunday before 7:45 p.m. ET, funds are usually disbursed the following Monday.

Cash Central, like other payday loan firms such as CashCall and Advance America, deducts your repayment, loan amount, APR, and any associated fees from your bank account on the specified day. The loan repayment terms extend from two to four weeks.


  • The Loan Approval Process is fast
  • There are no Fees for Extended Payment schemes
  • Customer Service
  • It provides fast approval of loans


  • High APRs
  • Possible extra Fees
  • Defaulting

3. Check City

Check City is a comprehensive financial services brand based in the United States. It provides  Cash advances, payday loans, checks cashing, installment loans, installment title loans, title loans, free money orders, prepaid debit cards, gold buying, money transfers, and insurance.

Nonetheless, despite its incredible popularity across the state, some individuals are still sceptical about Check City’s validity, among other urgent concerns.


  • The approval of the application is quick
  • Individuals with bad credit plans can also be given loans
  • 16 different nations offer the service


  • Only available in a few nations
  • The repayment period is for a short time

4. Big Picture Loan

Big Picture Loans, previously called CastlePayday Loans, is a direct lender that specialises in installment loans, often referred to as personal loans. The corporation’s purpose is to assist borrowers in locating a readily accessible short-term alternative without worrying about additional costs or laws.

The Lac Vieux Desert Band of Lake Superior Chippewa Indians, a federally recognised American Indian Tribe, operates many lending enterprises, including Big Picture Loans.

Big Picture Loans provides payday installment loans, which means that repayments are required each payday over a longer time instead of in total on the following paycheck. Borrowers using BPL often have 6 to 22 months to repay their loan; therefore, it is more of a short-term loan.

With Big Picture Loans, you don’t have to provide your credit ratings during the application of a personal loan—individuals with poor credit history can also qualify for a loan.


  • Payday Loans are provided
  • Approval of loans are done within 24 hours
  • Customer Service is granted


  • Misleading Fees and Information
  • Availability Subject to Change
  • The charges and data offered can be deceptive

5. Ameri Cash

AmeriCash Loans is operated and owned by AmeriCash Loans LLC based in Des Plaines, Illinois. It’s a consumer finance company that was founded in 1997. AmeriCash is a direct lender that provides cash and instalment loans in many US states, namely; Oklahoma, South Carolina, Illinois, Missouri, and Wisconsin. It also has separate business entities in every state where they offer their services.  

Apart from the states mentioned earlier, AmeriCash also offers services for residents in the following conditions: Florida, Kansas, Minnesota, North Carolina, Oklahoma, Georgia, Arkansas, Indiana, Lowa, and Michigan.

However, it’s not clear if AmeriCash Loans is a broker or direct lender in these states because there are no storefronts.

The lender offers permits and licenses for states they have on their website.


  • Offers as low as $50 payday loans.
  • You can apply for a loan with a bad credit score
  • The process of application is online
  • It was established and offered significant services in 12


  • High APR rates
  • Limited to 12 states

Features Of 10,000 Loan

  • The application process for $10,000 is entirely digital—to begin the application, visit the firm’s official website that offers the instant cash loan services, then create a profile. You will have to upload the necessary documents and choose the amount of loan and tenure you want. After the company has reviewed your documents, they’ll determine whether your application will be approved or not. If you are successful, the funds will be directly deposited into your bank account.
  • You can tailor-make your loan following your needs. Your lender will levy a reasonable interest rate after you’ve decided the amount of loan and repayment tenure.
  • Some lenders offer instant cash loan services; this option is for borrowers with very low or no credit scores. Although some platforms have set a minimum credit score (600) that must be obtained to qualify for a loan, other lenders provide loans even to early jobbers who don’t have any credit scores.  Physical verification may be mandatory if you have shallow credit scores.
  • A majority of the lenders who offer $10,000 loan levy interest rates ranging from 1.50% to 2.25% p.m. With these rates, you’ll be able to repay the loan quickly. Different companies have varying interest rates, and this may also depend on your credit scores. Interest rates decrease with an increase in credit score.
  • The application process for most lenders is straightforward. You can complete the application (upload documents and fill out the application form) and get approval within 3 minutes.
  • Even with a low monthly income, you can apply for an instant cash loan as long as you have a decent credit outlook, lack multiple credit liabilities, and haven’t defaulted financially in the past two years. If you have the mentioned requirements, you can get instant cash loan approval. 

Advantages Of 10,000 Loan

1. Flexibility And Versatility

Some loans can only be used for a specific purpose, such as care loans which can only be used to purchase a car. Personal loans are flexible since they do not have a designated sense. Personal loans can have a variety of uses, such as paying an emergency medical bill or home renovation. 

If you want a loan not restricted to a particular use, personal loans are the best. Before applying for a loan, make sure you check with your financier on the approved services for the loan.

2. Lower Interest Rates And Higher Borrowing Limits

Personal loans have lower interest rates compared to credit cards. The average interest rate for personal loans was 11.84% as of February 2011, while the average credit card rate was 16.04%. If you have a good credit score, you are eligible for 6 – 8 percent loans. Having good credit makes you eligible for loan amounts higher than your credit card limit. 

3. No Collateral Requirement

For unsecured loans to get approved, they do not require collateral. With unsecured loans, you do not have to use your car or home assets as guarantees for your loan to get approved. However, if you cannot meet your financial obligations, the financial consequences will be significant. On the bright side, you won’t lose your home or car in the process. 

4. Easier To Manage

One primary reason why people apply for personal loans is debt consolidation. Taking a personal loan is easier to manage than having multiple credit accounts. With a personal loan, the repayments are made monthly at a fixed rate hence are easier to manage. Having numerous credit cards is cumbersome as interest rates, and repayment dates vary. 

If you qualify for a personal loan with an interest rate lower than your credit card, you can save money since making monthly payments is more efficient.

Disadvantages Of 10,000 Loan

1. Interest Rates Can Be Higher Than Alternatives

For personal loans, interest rates are usually high and are dependent on your credit score. Individuals with bad credit scores are charged with higher interest rates.

A great alternative to personal loans if you have enough equity in your home is the home equity loan. The interest rate for home equity loans is lower than most consumer loans. The home equity loan operational model is similar to that of credit cards. The major disadvantage of home equity loans is that our home is used as security if you default your loan. If you fail to pay your loan on time, you are at risk of losing your house.  

Another great alternative to taking personal loans is a credit balance transfer. With a good balance transfer offer, you can save money as long as the balance is paid off before the period of the special offer ends. With our credit balance transfer calculator, you can calculate the length of time it will take to pay off your balance. 

2. Fees And Penalties Can Be High

With personal loans, the cost of borrowing is usually driven up by fees and penalties that it attracts. The origination charges for some personal loans can range between 1 – 6 % of the amount loaned. The charges are usually meant to cover the cost of loan processing. The payments can either be included as part of the loan or deducted from the loan given to the borrower.

In some instances, you are repaying your loan before your loan term ends and can attract penalties. Make sure to review all the charges that the loan you are applying for draws before you take out a particular loan. 

3. Higher Payments Than Credit Cards

Credit cards do not have a deadline for your loan repayment, and the monthly payments are usually minimal. Personal loans attract higher monthly payments with a fixed loan repayment term. 

If you wish to consolidate your credit card debt into a personal loan, you have to adapt to the high monthly payments, fixed repayment schedule and the risk of not meeting your financial obligation.

4. Can Increase Debt

Although personal loans are effective at debt consolidation, they usually do not address what causes the debt. If you consolidate your credit card loan into a personal loan and pay it off, your available credit limit becomes freed up. For many overspenders, this puts you at a risk of attracting more charges instead of freeing yourself from debt.

How To Get 10000 Personal Loan

Step 1: Visit Viva Payday Loans

First, visit the Vivapaydayloans.com website. The layout of the website is straightforward. Just click on  “Apply Now” on the right side of your screen to begin applying.

Step 2: Complete The Application Form

As part of the application process, you will be required to fill in personal details such as your name, financial information and monthly expenses.

Step 3: Get Your Decision

After filling the application, wait for feedback. It typically takes only 2 minutes to know if your loan will be approved or not. If you do not qualify for the loan, you will still receive a message. 

Step 4: Receive Your Loan

If your loan application goes through, you have to sign a loan agreement. Go through the conditions of the loan agreement thoroughly before you sign. After submitting your signed loan agreement, the funds will be transferred into your account in 24 hours.


If you have immediate financial needs and are strapped for cash, taking 10000 loans is a great way to solve your financial crisis. The best loan portal to apply for the 10000 loans is the Viva Payday Loan Platform. 

Request Your 10000 Dollar Loan Direct Deposit at Viva Payday Loans


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About Denzil Otieno PRO INVESTOR

A procurement graduate. Young business owner. A smart business investor.