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Why do Lenders of no check loans work this way? You can apply for another loan 72 hours after applying for your initial loan. Please be sure to disclose the fact that you have already applied for a loan when working with a lender to obtain a second loan. 1000 Personal Loan Another disadvantage is that some of these loan companies also have bad reputations for putting one over their customers. Most of the time these companies get away with putting one over their customers and the customers have no choice but to pay these loans. Some of them have hired people to collect for them and those people are far from pleasant so a risk is put on that person seeking a loan as well as those close to that person. It is always best to do research on loan companies so as not to risk anybody putting one over another. To learn more about a USDA home loan program, click on the Loan Program Basics link on the left side of this screen and select one of USDA's home loan programs.
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