Cockle Finance offers a no credit check loan solution tailored for those who have struggled to get approved by traditional lenders in ET. The highlight is using open banking instead of classic credit checks, which means your current finances matter most. The representative rate is 667.94% APR fixed, with a typical example of a 28-week loan for ETB 200 repaid weekly.

The application process is streamlined for simplicity and speed. To apply, simply fill out a brief online form and securely connect your bank account for open banking approval. A human assessor reviews your situation, and if successful, you could receive funds the same day—making it fast and accessible for urgent needs.

How to Apply: Simple Steps

• Complete the online application form in minutes
• Connect your bank account securely for open banking assessment
• A human reviewer evaluates your real financial situation
• If approved, you receive a loan offer and same-day payout

Pros of Cockle Finance No Credit Check Loans

One clear advantage is the focus on your actual financial health, rather than penalizing you for past mistakes or zero credit history. The process is transparent, with no hidden fees or late repayment penalties. You also benefit from a strong reputation for customer service and personal support.

Additionally, quick decision-making and simple online application help save time, making this a strong option when funds are needed urgently.

Cons to Consider

The interest rate is quite high compared to mainstream lending options—typical with short-term or high-risk products. The loans may not be available if your residence is outside the provider’s direct lending area; you could be referred to another lender for a traditional credit check.

Also, since approval still depends on a real assessment of your income and regular expenses, not everyone is guaranteed to be approved.

Verdict: Independent Final Take

For borrowers in ET looking for a fair alternative to traditional credit-based loans, Cockle Finance stands out for openness and speed. The high interest rate may not suit everyone, but for many with bad or no credit, it presents a valuable, respectful path to borrowing. The use of open banking brings current financial realities into focus—making approval more realistic if you can afford repayments.