It is usually a borrower's market if the economy takes a dip. The lenders would be more anxious about getting borrowers to take on their loans. Hence, they will come up with some innovative loan deals like the 1 hour loans no credit check offers. Lenders are not bothered about the borrower's past less-than-stellar credit standing if borrowers have proof that they can service the loan today.It is more important for lenders to secure as many loans taken as possible during the poor economy to keep the company afloat. Many businesses are usually affected by the downturn of the economy. They would want cash deals from consumers during a bad economic situation instead of credit deals hence, lenders can enjoy more opportunities to give out loans. The faster the lender can promise the cash in hand for the borrower through a no credit check loan, the more willing the borrower would be taking a loan. learn more here