Are you in a tough financial situation due to unexpected expenses as a result of the pandemic or another reason? Getting a loan may seem impossible but it isn't. There are ways to get emergency cash loans for the unemployed.
Of course, lenders want to be sure you can repay your loan. So, what might help you be considered and get approved?
Some lenders will consider other forms of income outside of a traditional job. For example, if you have income from any of the following sources, you may still qualify for a short term, emergency loan for the unemployed:
If you have any of these sources of income, you may qualify for a loan.
Having a decent credit score can help in many cases. Even better is if you have your next position lined up and know when your first pay date is. Lenders can work with situations like this as long as they can verify your new job is about to start or just started.
In some states, you can get an 'auto title loan' where your vehicle is the collateral for your loan. Of course, getting a side gig is another option. As long as you have a car you can get delivery gigs at the times and days you want them and get paid fast. These types of jobs are easy to get and can provide very fast income or supplement current income too!
Many people simply sell off unused items to generate immediate cash. Asking friends and relatives is often a last-ditch way to get emergency cash but many people are very uncomfortable doing this.
The basic qualifications for emergency payday loans include the following:
There is not an easier way to see if you qualify for an emergency loan with no job than to work with Loans in a Day. We are open 24/7 and 365 days a year. Our short and secure online payday loan application form can be completed in just a few minutes, and you get an answer in 90 seconds or less. As long as you have a cell phone, PC, or pad and internet service you can request a loan in just minutes. Everything is secure and encrypted for your safety.
If you find yourself in need of short-term emergency cash, consider that Loans in a Day has a large referral network of direct lenders to serve people in need of online loans or emergency loans for the unemployed.