We are excited to announce that we now offer “No Credit Check” loans at competitive rates for all DVC RESALES. These new No Credit Check loan terms have a maximum loan term of 10 years / 120 months and are offered at a competitive rate for the timeshare industry. As with all of our loans, there are No Prepayment Penalties and No Loan Origination Fee saving you $199 at closing in loan fees.

Benefits of No Credit Check Loans

No Credit Requirements

The fact that no credit check loans pay zero attention to your credit score gives this type of loan a good advantage over others. Are you someone with a negative credit score or wish to keep your score private? You do not have to worry anymore as you can always opt for our no credit check loan for the rescue during cash-needed moments to buy that perfect Disney contract. Of course, other lenders will most probably deny your loan due to your credit score or history of borrowing, but it is good to know there are other favorable options with Vacation Club Loans. In short, our no credit check loan offers you up to 10 years to pay back the loan without subjecting you to credit report inspection.

Convenience of Application

No credit check loans can be accessed online and sent directly through an electronic money transfer once your DVC contract passes ROFR (right of first refusal). This online application process makes it convenient because it can be done anywhere and anytime through the phone or computer. This means you do not have to visit the bank to have your loan approved. In addition, the application process is short, making it convenient to use when cash is needed. Besides, it works well with your schedule as you can apply at any time of day or night.

Fast Approval

Unlike bank loans which may take days to approve, no credit check loans take only a few minutes during business hours to be approved and sent to your resale agent and title company. We have made the process shorter by checking fewer details to determine creditworthiness, such as DVC point values and home resort. With this bit of information to work with, we can approve loans faster. Therefore, no credit check loans are a viable option to consider.

High Rate of Approval

Traditional moneylenders make it hard to access loans, especially for people with lower credit scores; thus, you apply for loans with these systems but are not sure if they will be approved. Imagine having to apply for a loan that you are sure will be approved, right? This is what no credit check loans offer, an assurance that your cash needs will be met in a few hours of application. In addition, no credit check loans have a Guaranteed Approval rate and ensure that people with bad credit in need of loans are still served.

Furthermore, according to FICO, a hard inquiry from a lender will decrease your credit score five points for example, the no credit check option does not “ding” your credit. However, Vacation Club Loans only does “soft inquiries” thus preventing “dings” and still guaranteeing the best interest rates available from a private DVC lender.

FICO Credit Score Ranges

• Excellent credit                                 800 or higher
• Great credit                                        700-799
• Good credit                                        650-699
• Guaranteed Approval Program  Any Score / No Credit Check Required

A 20% down payment will be required with this new program, PLUS closing costs may now be financed! The makes your down payment around 15% since all closing costs can be financed.

To apply simply go to: www.vacationclubloans.com  and click on the tab for the No Credit Check loan application form. 100% of all DVC Resale loans are approved.

We will work with your title company directly, letting them know you will be financing your DVC purchase with us. As we work behind the scenes on your behalf, you do not have to try to coordinate two companies and financing making the entire process seamless and easy! We will wire the loan amount directly to the title company at closing.