How Can I Get A Payday Loan On Unemployment?

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14 Answers

Lia Louis Profile
Lia Louis answered
The best way to get a loan on unemployment is to go online and search for a Payday loan. An online search of lenders that are available. As the name suggests this type of loan has to be repaid when you receive your next pay cheque.

If you are on unemployment you may think that you won’t be eligible for this type of loan. This is not so.  The money that you receive as unemployment is classed as your wage for all intents and purposes. The date on which you receive your unemployment money is classed as your next payday and that would be the date that you would need to repay the loan.

1.  You must be at least 18 years of age

2.  You must have proof of your identity.

3.  You must have a bank or savings account.

4.  You must be a citizen of the country where you live.

5.  Unemployment Payday Loans can be found online.

6.  Go online and do an online search of lenders and see which lender is offering the best loan for your individual circumstances and needs. This will undoubtedly be down to the amount you want to borrow and your capability of paying it back on time.

7.  Fill in the online application form on your chosen lenders website.  They will require details such as your name, address, date of birth, bank account details and proof that you are capable of making the repayment on time.

8. Once you have filled in the application form you can submit it to the lender.

9.  You will receive your decision as to whether or not you have been approved within a matter of hours.

10.  It is very important that you do not miss any payments. If you do the fees and interest that you incur will be harsh.
bipsa rawat Profile
bipsa rawat answered
No teletrack Payday loans is specifically meant for those who are employed from at least 6 months and has a fixed monthly salary. As you are unemployed there is no way out for you to get aid from payday loan, so it is better to opt for some of the loans programs that are exclusively designed for unemployed.
Kashinath Ghadage Profile
If you are unemployed you are still eligible to apply for a loan, there are lenders who are ready to give away loans. Do some research for interest rates fixed by lenders online.immediate cash loan uk. Co. Uk
thanked the writer.
Anonymous
Anonymous commented
Iam unemployed and I have yet to find a lender to work with me on getting a loan every time I see payday loan for the unemployed they ask for an employer? I think there is no lender out there that can help me I think its a bunch of BS!! Email me if you know of a real site that can truely help me because I do draw unemployment but I dont believe there are lenders out there to help those like me who are unemployed and need extra cash. Augustine Badell
Anonymous Profile
Anonymous answered
As far as I know, payday loan business that give payday loans to people who can show they are collecting regular benefits are few and far between. They do exist and I knew of one in the South Gate, CA area a few years ago but can't find their number on the web right now. Your best bet is to call various places in your area and just ask if they do that.
Alyssa  Kaul Profile
Alyssa Kaul answered
Yes , there are
  few lenders that provide payday loans even if you are unemployed.
Anonymous Profile
Anonymous answered
YES you can get a payday loan while you r getting unemployment. You may have 2 call a few places 2 find which ones will.
JuliAnne/ Genuine Guidance Profile
No
Payday loans are just that: A short term loan to get you over the hump until your next payday from your job. Not from an unemployment check.

You would have to have proof of employment, such as a recent check stub so they can verify you are actually working and make enough to pay them back.
Payday Select Profile
Payday Select answered
For a
  pay day loan , you must have a job to ensure that you are going to pay off
  your loan on time.
Anonymous Profile
Anonymous answered
Yes you can. Try Moneytree.. You just need to have documentation stating your beginning and end date. Also you will need proof of any checks that have been sent to you, two should do. Good Luck!!
Maggie Dee Profile
Maggie Dee answered
Enter a Google search for payday loan companies in your area and give them a call. Many have unemployment payday loans. Be sure you repay it within the terms you agree to -- the interest can be a killer.

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