Here s how to get a loan with no credit history. Use a credit builder loan. There are several tools that can help you build your credit, but a particularly useful strategy for those with no credit is the use of a credit builder loan. Look for a credit union. Payday loans can be costly. Build your credit first..Payday Loans. Payday loan companies require you to write a check for the amount you wish to borrow, plus a set fee. The lender holds onto the check until the loan becomes due typically on the borrower s next payday, hence the name , and gives the borrower the money they need in the meantime..How to Get a Loan with No Credit. Getting a home loan, car loan, or personal loan with no credit can be hard to do, even if you are responsible with your money..